Cineworld hires advisors for bankruptcy, reveals the Wall Street Journal

The Wall Street Journal has revealed Cineworld, the London-listed cinema giant, is on the verge of filing for bankruptcy.

According to the WSJ, Cineworld - which also owns the Regal cinema chain - has engaged advisors from law firm Kirkland and Ellis and a restructuring specialists Alix Partners to work on the bankruptcy. Below is a link to the WSJ scoop:..