CMX Cinemas operates 40 theaters throughout the U.S. with locations in Florida, Georgia, Illinois and one in New York.
Cinemex Holdings USA, the parent company that controls CMX Cinemas, has filed for bankruptcy.
The company had been negotiating with its creditors in an attempt to reduce fixed costs during the shutdown, to no avail.
But CMX couldn’t hold out and is now facing an uncertain future.
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