Monday, May 21, 2012

ChiComs Buy Largest US Movie Chain

AMC, headquartered in Kansas City, Mo., operates 346 multiplex theaters, mostly in North America, with a total of 5,034 screens, an AMC release said today. The price was $2.6 billion. AMC happens to be MJH's favorite movie complex. I should write, "it used to be my favorite movie complex". People in this country won't have to worry about a war with China. They're going to own us in a few decades. Petroleum? Heck, the Chinese are buying it up faster than I eat M&M's.

http://www.bizjournals.com/atlanta/morning_call/2012/05/amc-theaters-sold-to-china-company-in.html

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