Chinese company to buy US movie theater chain AMC

(BEIJING) — A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China’s biggest takeover of an American company to date.

A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.

A Chinese conglomerate announced it will buy AMC Entertainment Holdings for $2.6 billion — China's biggest takeover of an American company to date. Dalian Wanda Group Co.'s purchase reflects the global ambitions of a wave of cash-rich Chinese companies using acquisitions to speed their expansion .» E-Mail This     » Add to Del.icio.us

Chinese property conglomerate Dalian Wanda Group Corp. will acquire AMC Entertainment Holdings, a U.S. movie theater chain, in a deal worth about $2.6 billion.

The nation's second-largest theater chain hopes to raise as much as $450 million that it will use to pay down debt.AMC Entertainment Inc., the nation's second-largest movie theater chain, is hoping the third time is the charm.

Ending an 11-year-old case, cinema giant AMC agrees to design theaters with accessible seating near the middle of the auditorium and wheelchair seating farther back from the screen.AMC Entertainment has settled a decade-old lawsuit filed by the Justice Department under the Americans With Disabilities Act that alleged the nation's No.

The owner of China’s largest movie theater circuit took a big leap forward into the U.S.

AMC Entertainment, the United States' second-largest movie theater chain, is negotiating a deal to sell all or part of itself to Wanda Group, owner of China's largest theater company, two people familiar with the talks said.