Ambassador Theatre Group (ATG) has signed a deal to acquire ACE Theatrical Group (ACE), a company which specializes in the operation, design, development and construction of world class, live performance venues throughout North America. This brings the total number of ATG venues to 45 in the UK, Australia and North America, including the two biggest theatrical markets – Broadway and London’s West End. ACE’s portfolio of large-scale theatrical venues comprises: The Kings Theatre in Brooklyn, New York, The Saenger in New Orleans, Louisiana, The Mahalia Jackson Theater for the Performing Arts in New Orleans, Louisiana, The Majestic in San Antonio, Texas & The Charline McCombs Empire in San Antonio, Texas. ACE’s interest in the Smart Financial Centre at Sugar Land in Sugar Land, Texas will not be assigned as a part of this transaction. The existing ACE management team will remain with the business. Press contact: O&M Co (212/695-7400)...