Toronto (LHJ)
Onex Chairman Gerry Schwartz announced today that Onex controlled Cineplex Galaxy theatres would be aquiring rival Famous Players Theatres for an undisclosed sum.
Schwartz made the announcement to reporters today at a press conference where he appeared oddly dressed, and insisting on being referred to as "Darth Movious."
When asked by CBC reported Derek Stoppel if he thought the move would reduce competition, and drive up prices, Schwartz responded only that "I find your lack of faith disturbing." Shortly after Stoppel fell suddenly ill with a respiratory infection, and has not been seen since.
Meanwhile, Schwartz's wife Heather Reisman, the owner of the Indigo chain of bookstores, was reportedly disturbed by Schwartz's new behaviour, and has retreated to her lakefront property in the small Northern Ontario community of Naboo.
Schwartz scoffed at suggestions that Onex shareholders are weak and indecisive, and being controlled by their charismatic and charming leader. He said only that "This Movie Theatre chain will soon be the ultimate entertainment power in the galaxy."
Final negotiations for the aquisition are ongoing.
Onex Chairman Gerry Schwartz announced today that Onex controlled Cineplex Galaxy theatres would be aquiring rival Famous Players Theatres for an undisclosed sum.
Schwartz made the announcement to reporters today at a press conference where he appeared oddly dressed, and insisting on being referred to as "Darth Movious."
When asked by CBC reported Derek Stoppel if he thought the move would reduce competition, and drive up prices, Schwartz responded only that "I find your lack of faith disturbing." Shortly after Stoppel fell suddenly ill with a respiratory infection, and has not been seen since.
Meanwhile, Schwartz's wife Heather Reisman, the owner of the Indigo chain of bookstores, was reportedly disturbed by Schwartz's new behaviour, and has retreated to her lakefront property in the small Northern Ontario community of Naboo.
Schwartz scoffed at suggestions that Onex shareholders are weak and indecisive, and being controlled by their charismatic and charming leader. He said only that "This Movie Theatre chain will soon be the ultimate entertainment power in the galaxy."
Final negotiations for the aquisition are ongoing.

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