The chain was slow to upgrade.
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The chain has closed 32 locations since the pandemic.
It now owns and operates 26 theaters remaining, six opened since Covid and several have been renovated.
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It may be possible the chains financial profile has improved after pruning the theater count.
Holloway will be overseeing the upgrades.
Fortress last fallaccused Cohen of shielding his assetsto avoid honoring the payment.
