Chinese Company Buys AMC Movie Theaters
The Dalian Wanda Group of Beijing China has bought AMC Entertainment Group for $2.6 billion making Wanda the largest movie theater chain owner in the world. Wanda already owns 94 movie theaters in China and is a privately owned company that also operated hotels and tourist venues.
In a statement, Wanda Group said they will invest another $500 million and keep AMC's headqauters in Kansas City, MO. The takeover is the largest of an U.S. based company by a the Chinese.





