Chinese Company To Buy Cinema Chain Amc

A Chinese conglomerate announced Monday it will buy U.S. cinema chain AMC Entertainment Holdings for $2.6 billion to create the world's biggest movie theater operator.

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  • Chinese Company Takes Bigger Stake In American Cinemas
    With this acquisition, Wanda will become the world's largest cinema chain. AMC reportedly offered to buy Carmike at USD30 per share, which is a premium of about 19.5% compared with Carmike's closing price recently. AMC, the second largest movie company in ...
    03/13/2016 - 3:39 pm | View Link
  • Chinese billionaire front of queue to buy Odeon cinema chain
    A takeover by the Chinese giant would bring Odeon under the same umbrella as 5,000-screen-strong US chain AMC, which Wanda bought for £1.7bn (£1.1bn) including debt three years ago. This year it also acquired the 450-screen Australian cinema company ...
    09/26/2015 - 8:01 am | View Link
  • Chinese Investor Buying Korea’s Megabox Cinema Chain, Say Reports
    HONG KONG — A Chinese investment firm has acquired a major stake in South Korea’s third-ranked cinema chain Megabox ... It is not clear whether the firm is seeking to buy the Korean company as a long-term investment or whether it is acting as a ...
    12/26/2014 - 2:06 pm | View Link
  • Chinese cinema owner seeks to buy stake in Lionsgate studio
    Chinese billionaire Wang Jianlin, who owns China's biggest cinema chain, is looking to buy the parent of Lionsgate ... Buying a well-known U.S. company will help our distribution overseas.” Lionsgate, MGM and Wanda all declined to comment.
    12/1/2014 - 11:01 pm | View Link
  • Chinese firm buying US theater chain
    BEIJING — A Chinese conglomerate said Monday that it will buy US cinema chain AMC Entertainment Holdings, for $2.6 billion in China’s biggest takeover of an American company. Dalian Wanda Group’s purchase reflects the global ambitions of a wave of ...
    05/21/2012 - 1:00 pm | View Link
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  • Texting at the movies? Critics slam cinema chain's ...
    His suggestion that the company might revisit its stance on texting during shows didn't sit well with many movie buffs, who flooded AMC's social media ...
    05/26/2016 - 7:26 pm | View Website
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  • Hoyts
    In 1996, Hoyts Cinemas was floated and in 1999, the late Kerry Packer's private family company, Consolidated Press Holdings, bought the chain for $620 million (A$745 ...
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