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Imax says it is open to a sale as buyer interest remains muted

The companys valuation and ongoing studio conflicts are cited as key factors complicating potential bids.

Reported · Written up by our desk · M&A & Deals

Imax said it is open to a sale, but questions remain about whether a deal can attract enough credible interest, CNBC Markets reports.

According to the outlet, Imax is posting strong performance indicators, including both record levels in its stock and box office, yet the list of likely bidders is constrained.

CNBC Markets points to conflicts involving studios and a soaring valuation as pressures that could deter potential buyers or make negotiations harder.

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