Chinese Firm Buying AMC Movie Theater Chain for $2.6 Billion

In another sign of an increasingly global economy, Dalian Wanda Group Co., Ltd. announced it has struck a deal to acquire the second-largest movie theater operator in the U.S., AMC Entertainment Holdings, Inc., for $ 2.6 billion.

Wanda said the purchase will create the world’s largest cinema owner. Analysts said the acquisition comes at a time when the U.S. movie theater market is at a mature stage, while China’s is poised for rapid growth in the…
National Commercial Real Estate News From CoStar Group