Act III Theatres

Background
Act III Theatres was an American theater chain with multiplexes located in Texas, Oregon and Washington. They were founded in 1986, with the acquisition of Santikos Theatres in San Antonio. Television producer Norman Lear owned a controlling stake in Act III Theatres through his company Act III Communications. Over the years, they have made multiple acquisitions such as purchasing Santikos Theatres in 1986, Luxury Theaters in 1988 from Tom Moyer, and Presidio Theaters in Austin. They also bought theaters from other chains such as AMC's in Austin and Cineplex Odeon's in Oregon and Washington. By 1997, they were the 10th largest theater chain in the United States. In October 1998, KKR acquired the company for $323 million and would combine its theater operations with United Artists Theaters' and Regal Cinemas through an acquisition.

(Late 1980's)
TBA.