Summary
Robert Redford’s Sundance Cinemas is putting itself up for sale.
Sundance Cinemas said in a statement that it has hired the investment bank Salem Partners to find a buyer for the small L.A.-based theater chain.
Sundance Cinemas is part of several entities overseen by Redford, including the Sundance Channel and the Sundance Film Festival in Utah.
The celebrated actor, producer and director also is part-owner in Sundance Cinemas but is no longer an executive in the company.
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