Sponsored by Oregon Business

Chinese company buys AMC

| Print |  Email
Must Reads
Monday, May 21, 2012

Chinese company Wanda signed a deal in Beijing to buy AMC, the second-largest theater chain in the U.S.

If approved by U.S. and Chinese regulators, the $2.6 billion acquisition will create the world's largest theater group, the companies said. The move, China's biggest corporate takeover to date in the USA, highlights the rising financial strength of its top firms.

Both partners stressed they plan no changes to the AMC brand, management and day-to-day operations. For the U.S. movie-goer, the AMC experience will change "not at all," insisted Gerry Lopez, CEO and President of AMC, except for an increase in renovations to upgrade some theaters.

Read more at USA Today.

{biztweet}amc{/biztweet}

 

More Articles

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

6 chiefs of staff dish on their bosses

The Latest
Thursday, February 05, 2015
legilistiblog-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask chiefs of staff for the scoop on Oregon legislators.


Read more...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Enjoying a power lunch at Court Street Dairy Lunch in Salem.


Read more...

The 100 Best Companies to Work For in Oregon

March 2015
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees. 


Read more...

Green Rush: Cashing in on legal marijuana

March 2015
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR

Marijuana is big business in Oregon, and it’s about to get bigger.


Read more...

2015 100 Best companies announced

The Latest
Friday, February 27, 2015
IMG 0022cneditBY OB STAFF

The 100 Best list recognizes large, medium and small companies for excellence in work environment, management and communications, decision-making and trust, career development and learning, and benefits and compensation.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS