The now-abandoned deal, in which Sycamore was poised to take a 55 percent stake in Victoria’s Secret for about $525 million, was thrown into jeopardy when Sycamore sued to terminate the transaction.
The biggest movie theater chain in the U.S. and Europe with about 1,000 theaters and 11,000 screens across the globe, was forced to close all of U.S. locations in March after public officials placed limits on public gatherings to prevent the spread of the virus.
