Digital Cinema Destinations To Buy 10-Screen Entertainment Complex In Daytona,FL

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Digital Cinema Destinations Corp. (DCIN: Quote) announced that it has signed an asset purchase agreement or APA to acquire a 10-screen entertainment complex in Daytona, FL (DMA 19) from Paragon Entertainment Group.

Located on Daytona Beach, the 10-plex is part of the Ocean Walk Shoppes (250 N. Atlantic Ave. Suite 300), a premier dining, shopping and entertainment destination. Digiplex’s newest location will also feature “My Pi” Custom Pizza and Craft Beer, marking the Company’s entry into the theater-restaurant service business. Digiplex will be licensing the My Pi concept under a licensing agreement from Paragon Entertainment, LLC.