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CHINESE GROUP TO SPEND $10 BILLION ON MOVIE BIZ

September 5, 2012 by · Leave a Comment 

Buying AMC Entertainment — the second-largest U.S. theater chain — for $2.6 billion is just “the first step” of a $10-billion investment in the U.S., which will likely include the purchase of additional theaters, a joint venture in film production, hotels and retail stores, the head of China’s Dalian Wanda Group said at a news […]