A Cult-Favorite Theater Chain Is Reportedly Looking For a Buyer After Emerging From Bankruptcy

Nostalgic movie theater chain, Alamo Drafthouse, is reportedly shopping for a buyer.

According to Variety citing two anonymous sources, the Texas-based chain has approached “several Hollywood studios” to possibly purchase the company.

Alamo Drafthouse is popular among moviegoers for being one of the first chains to offer in-theater dining while watching a movie, offering local draft beers, craft cocktails, and an extensive food menu.

Related: Report: Amazon Eyeing Purchase of AMC Theaters

The company filed for Chapter 11 bankruptcy protection amid the pandemic in March 2021 but emerged later that year in June 2021 after being sold to Altamont Capital Partners.

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