Online movie ticket seller Fandango announced on Friday that it reached an agreement to acquire MovieTickets.com of Boca Raton, Fla. Terms of the transaction were not disclosed.
The deal will further expand the West L.A. company’s e-commerce presence in the United States and Latin America, especially in Argentina and Mexico, as well as establish a ticketing presence for the first time in Canada and United Kingdom, Fandango said. It is anticipated to close in the fourth quarter.
The acquisition also will bring new exhibitors into Fandango's ticketing network including National Amusements, Cineplex, Landmark Theatres and Marquee Cinemas, as well as independent theater chains.
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