Friday, August 23, 2019

CHINESE COMPANY BUYS AMC THEATER CHAIN

May 21, 2012 by · Leave a Comment 

China’s flirtation with Hollywood took on the aspects of a full-scale marriage as one of its biggest exhibitors, Dalian Wanda Group, agreed to buy AMC Entertainment, America’s second largest theater chain after Regal Entertainment, for $2.6 billion in debt and equity and an additional $500 million to be used principally for renovations. The New York […]

REPORT: LIONSGATE TO ACQUIRE TWILIGHT STUDIO

January 9, 2012 by · Leave a Comment 

Having failed in its effort to acquire MGM last year, Lionsgate is expected to announce as early as this week that it will be be buying Summit Entertainment for $400 plus the assumption of $300 million in debt, published reports said over the weekend. Lionsgate had spent much of the past year fending off takeover […]