69° M/SUNNY, Movie theater purchase complete
Last Modified: Monday, February 25, 2008 at 11:36 a.m.
Theater owner Reading International Inc. has completed its purchase of Rohnert Park’s Stadium 16 movie multiplex, part of a $69 million deal for 15 film centers in California and Hawaii.
Reading purchased the Rohnert Park cinema from Los Angeles-based Pacific Theatres, which will keep its 14 other movie complexes in the Los Angeles area.
Reading, which is based in the Los Angeles suburb of Commerce, owns or manages 44 multiplex cinemas in the United States, Australia and New Zealand.
The deal closed Friday.
Pacific opened the Rohnert Park multiplex in 1998. It also owned Pacific Theatres Petaluma 8 before shutting that location in 2001. The family-owned company is now focusing on retail and office projects, according to industry observers.
The Rohnert Park multiplex has 48 employees.
All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.
Next Article in News-Home
-
Girl hit in Sebastopol crosswalk remains critical
A 15-year-old girl remained in critical condition Sunday after being hit by a car in a Sebastopol crosswalk, police said.
The girl, whom police would not identify, was hit Friday around 6 p.m. as she crossed Highway 116 near Florence Avenue...
Events Calendar More Events Submit Event
- Girl, 15, hit in Sebastopol crosswalk in critical condition
- Fort Bragg slaying reveals dark secret
- Cold War drone comes to Sonoma County
- Pipe bomb injures Petaluma teen
- Tea Party protest held in Santa Rosa
- Ex-QB Steve McNair found dead from gunshot
- Festive on the Fourth, worried about the future
- Autopsy shows beating caused Windsor death
- Two men, two sides to Palm Drive Hospital's future
- Girl hit in Sebastopol crosswalk remains critical
- Fort Bragg slaying reveals dark secret
- Cold War drone comes to Sonoma County
- Girl, 15, hit in Sebastopol crosswalk in critical condition
- Cheese course
- Disney World monorail crash kills employee
- Festive on the Fourth, worried about the future
- GUEST CONTRIBUTOR: Is your business prepared for succession? 10 questions to ask
- VOICES: Cell-phone generation increasingly disconnected
- Tea Party protest held in Santa Rosa
- Boat dwellers find life simpler on the water
- PD Editorial: Report card
- WILL: Will California be sold on eBay's Whitman?
- Oswalt shuts down Giants, 7-1
- A's down Indians, 5-2
- Palin resignation part of a 'risky strategy'
- Police say McNair death a homicide
- High school fire interrupts Healdsburg display
- Girl hit in Sebastopol crosswalk remains critical
- Federer beats Roddick for record 15th Grand Slam
- Pipe bomb injures Petaluma teen
Add a Comment
Only moderator-approved comments are shown on this page. To see all comments, please visit the forum. We at PressDemocrat.com created these forums as a place where our community can exchange ideas on news issues and express their thoughts. Please be courteous and respectful. Avoid expletives, false statements, veiled or overt threats and personal attacks. Stay on topic. (View full Terms of Service.)Post a comment | View all comments on this topic.