China's Wanda to buy U.S. cinema chain AMC for $2.6 bln

[LazyBoy]

China's Wanda to buy U.S. cinema chain AMC for $2.6 bln

* Acquisition deal includes about $1.9 bln of debt
* Largest overseas acquisition by private Chinese company

http://www.reuters.com/article/2012/...8GL1BO20120521

[Mega]

Re: China's Wanda to buy U.S. cinema chain AMC for $2.6 bln

...just as eveyone is looking at streaming movies to home....
Mike

[lakedaemonian]

Re: China's Wanda to buy U.S. cinema chain AMC for $2.6 bln

This is a strange one......kind of reminds me of the Japanese buying quite nebulous "assets" in the 80's, before they crashed.

[touchring]

Re: China's Wanda to buy U.S. cinema chain AMC for $2.6 bln

China's Wanda to buy U.S. cinema chain AMC for $2.6 bln

* Acquisition deal includes about $1.9 bln of debt
* Largest overseas acquisition by private Chinese company

http://www.reuters.com/article/2012/...8GL1BO20120521

In China, a sale isn't a deal until the buyer receives hard cash.

http://www.reuters.com/article/2012/05/22/china-coal-defaults-idUSL4E8GL1BS20120522