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Tuesday, April 03, 2012

AFM Cinemas Falls in Istanbul on Regulator Ruling Forcing Sale - Bloomberg

AFM Cinemas Falls in Istanbul on Regulator Ruling Forcing Sale
By Benjamin Harvey - Apr 3, 2012 5:47 AM ET

AFM Uluslararasi Film Produksiyon & San AS (AFMAS), a Turkish chain of cinemas, fell after saying a ruling by the competition regulator would lead it to sell six of its cinemas.

AFM dropped 1.8 percent to 13.50 liras at 12:25 p.m. in Istanbul, declining for the first day in three.

More:AFM Cinemas Falls in Istanbul on Regulator Ruling Forcing Sale - Bloomberg