Buying the U.S. cinema chain can teach the Chinese entertainment industry how to operate movie theaters nationwide while boosting the nation's "soft power"
The acquisition of AMC Entertainment in the US by Dalian Wanda is the biggest-ever overseas purchase by a Chinese private company, and will create the world’s largest cinema owner.
The acquisition of AMC Entertainment in the US by Dalian Wanda is the biggest-ever overseas purchase by a Chinese private company, and will create the world’s largest cinema owner.
Privately held Chinese property conglomerate Dalian Wanda Group Co. said Monday it has signed a deal to buy U.S. movie-theater operator AMC Entertainment Holdings in a transaction valuing AMC at $2.6 billion. The deal would create the world's...
May 20 (Reuters) - Wanda
Group:
* Wanda group to acquire AMC Entertainment Holdings Inc
* Wanda group says transaction is valued at approximately $2.6
billion
*...
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