Monday, April 12, 2021

Chinese Investor Dumps AMC

The American movie biz doesn't have much confidence from overseas investors. Now, this international opt-out might mean more "restructuring" (read: layoffs) for this company with a faux Kansas City metro HQ.

More info here for subscribers . . .

Wanda America sells more than $220M in AMC Entertainment stock - Kansas City Business Journal

A Chinese investor gave up its controlling stake in AMC Entertainment Holdings Inc., but was able to get some payoff in the form of stock sales worth more than $220 million. Wanda America Entertainment Inc., a unit of Chinese company Wanda Group, sold more than 15.6 million shares of AMC stock in transactions on Feb.

8 comments:

Anonymous said...

Wanda took it up the arse by way of the Chinese Covid Pandemic.

At least there is a little Karma for these scum bags.

Anonymous said...


What I think is so funny, people complain about everything China in our country but they support China by supporting the things they make and own in our country, democrats being the worst offenders. Hit China in the pocketbook stop supporting them and stop supporting democrats and RINO's.

Anonymous said...

^^Can you please cite the proof you have showing Democrats being the worst offenders? We'll wait, or did you you just talk out your gaped ass again and make up shit like all lying geriatrics do?

Anonymous said...

Well Pelosi contributors. Apple, Google, on and on . How did she become so wealthy on a senators salary.

Anonymous said...

Yay! Dr. Chimpy is back for more beatings! Dr. Chimpy, are you sure you should be criticizing anyone for lack of proof and facts after you keep getting clowned?

After all, your monkey science wasn’t clear on whether 20 or 22 was the higher number. Do better Dr. Chimpy!

Or don't. Hilarious either way.

Anonymous said...

TOP PHOTO -- CURTAINS

AMERICA MUGGED by CHINA!!!

(Thank Joe Biden for selling out to the Communists, after his son Hunter was entrapped with narcotics, prostitutes, and corrupt cash)

Anonymous said...

The second largest movie theater chain will now close shop. Watching movies at the theater is now a thing of a past. Yeah, you'll have a niche market who will go once in awhile but the blockbuster era is over.

Anonymous said...

Les Otis ruined AMC