$AMC: Chinese Conglomerate Trims Stake in AMC Entertainment

Date: Friday, September 14th, 2018

Stock(s) mentioned:

Source: Wall Street Journal (https://www.wsj.com)

Summary: AMC Entertainment raised $600 million from Silver Lake and repurchased roughly a third of the stake held by majority shareowner Dalian Wanda Group, marking a major ownership shift for the movie-theater owner.

Full article address: https://www.wsj.com/articles/chinese-conglomerate-trims-stake-in-amc-entertainment-1536934377

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