A bankruptcy auction for the Alamo Drafthouse theater chain has been canceled, after no rival bids were received for the company.. The cancelation clears the way for Fortress Investment Group and ...

Alamo Drafthouse has filed for Chapter 11 bankruptcy & announced an asset purchase agreement with Altamont Capital and Fortress Investment.

Alamo Drafthouse Files for Chapter 11, Movie Theater Chain Sells Assets to Altamont and Fortress. Two Texas theaters and one in Kansas City will be closed, development in Orlando “permanently ...

An auction for the assets of bankrupt movie chain Alamo Drafthouse was canceled Monday as bidders didn’t materialize, a person close to the company confirmed. The Austin, Texas-based, dine-in ...

Tim League, the founder of Alamo Drafthouse, and Dave Kennedy, a longtime co-owner and board member, remain involved as minority partners with Altamont and Fortress.. League founded the theater ...

An Alamo Drafthouse Cinema location in Dallas. The cinema chain received a $10 million coronavirus relief loan through the federal Paycheck Protection Program, according to court documents.

Alamo Drafthouse has emerged from Chapter 11 bankruptcy and will open five new theaters this year and next, the company announced Tuesday. This also means Fortress Investment Group and Altamont ...

The news is tough to hear for movie fans, especially those who loved the Alamo Drafthouse moviegoing experience. Themed events, more substantial food and drink options, and luxurious seating are a ...

Trump is flying to the city of Alamo (which is in the Rio Grande Valley, more than 200 miles from the better-known Alamo fortress) to celebrate progress on the border wall.

Alamo Drafthouse on Wednesday filed for Chapter 11 and sold all of its assets to its senior leadership group, including Altamont Capital Partners and funds managed by affiliates of Fortress ...