Sunday, May 20, 2012

Chinese group buys AMC Entertainment


http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-amc-wanda-20120517,0,5390029.story

Wanda Group acquires AMC, the nation's second-largest theater chain, for $2.6 billion. The deal includes 5,048 screens in 347 theaters in Canada and the U.S., including the one seen above at The Grove, creating the world's largest cinema owner.

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