This is topic Edwards Theaters files bankruptcy in forum Ground Level at Film-Tech Forum ARCHIVE.
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Posted by Ken Layton (Member # 133) on 08-24-2000, 08:20 AM:
Today it is being reported at www.variety.com that Edwards Theaters filed chapter 11 bankruptcy on Wednesday.
Posted by Kevin Crawford (Member # 469) on 08-24-2000, 01:07 PM:
I am not sorry to hear about Edward's going down. This company has been making bad decisions for years. At one point they practically owned Orange County. One story I heard was that a Mann theatre opened. Old man Edwards walked in and bought the theatre. They were selling Edwards ticket stock and Mann concession items.
I have heard that since Edwards Sr. died the kids have been running the company. Apparently with no idea of cash flow. Maybe the kids should have been paying better attention.