Plitt Theatres and it companion corporation in 1985 was owned by Henry G. Plitt (61%), chairman and founder, Thomas J. Klutznick (of Chicago) partnership (25%); and President Roy H. Aaron (14%). In 1985, Plitt Theaters was sold for $135 million to a group that included a Canadian firm Cineplex Odeon Cinemas (50%), Odyssey Partners and Furman Selz Mager Dietz & Birney Inc. A group of theaters that Plitt had previous put for sale was spun off the selling owners with Cineplex managing them until sold.