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Local News

Hastings Four Theater ?

 

With the Goodrich Quality Theaters heading into bankruptcy  the question now is, what's the future for the Hastings Four Theater, one of 29 theaters owned by the Goodrich Company in Grand Rapids.

It's likely the company will sell off most of the 29 theaters to pay off $30 millions in debts.

Company President Robert Goodrich said,  "The big question is, what would be the sale price?

That is obviously a concern because in bankruptcy  the value of the company has been deteriorated."

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