posted June 18, 2012 11:04 AM
This has and will happen all the time in the metro areas primarily, I believe, because the idiots running the big chains have the mentality that if they out-screen the other guy they will force them to close. So they have over-screened just about every metro area.
posted June 18, 2012 08:24 PM
Likely a site REG cut loose as the result of not being deemed "cost effective" for digital conversion. While there is still plenty of life left in that venue, it no longer fits the business model of a company like REG. We will likely see a lot of moves like this over the next couple of years (i.e. the "big three" dropping older sites and small to mid level operators picking them up).