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Media One plans to acquire 20 more theatres

CHENNAI: Media One Global Entertainment, a company listed on the BSE, has finalised the acquisition of three theatres in Chengelpet District in Tamil Nadu. Addressing the media here recently, Suryaraj Kumar, Managing Director, Media One Entertainment, said the company plans to acquire twenty more theatres in Tier II and III cities by the end of March 2008. Media One plans to raise Rs. 90 crores immediately for the projects.

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