Dalian Wanda Official Completes Acquisition of AMC Entertainment

Photo courtesy of Creative Commons

Dalian Wanda Group Co. Ltd., said Tuesday it has successfully completed its acquisition of AMC Entertainment Holdings Inc. in a transaction valued at about $2.6 billion.

The Chinese conglomerate will operate AMC as a wholly owned subsidiary under the AMC name, Wanda officials said.

In a filing with Securities and Exchange Commission Wanda said the transaction created the world’s largest cinema owner. AMC will be moving its offices from downtown Kansas City to new offices under construction in Leawood. Read more on Kansas City Star.

Tags:, ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students