COMPANY TOWN ANNEX

Cineplex Odeon Confirms Overtures: Allen Karp, chief executive of the Toronto-based movie theater chain, confirmed that the company has been approached by other exhibitors about a possible merger, but he said no deals are pending. Cineplex, the second-largest North American theater chain, with 8% of industry revenues, confirmed that companies are looking at it now that its cash flow and earnings have improved. “We have been doing a lot of talking, we’ll continue to talk, but we are not at the threshold of anything yet,” Karp said.