AMC Theatres Sold To Chinese Firm for $2.6 Billion

May 21, 2012 Full story: Patch.com

AMC Theatres, which has two cinema multiplexes in Gwinnett, has been sold to a Chinese firm for $2.6 billion, according to the Los Angeles Times .

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RayH

Shenzhen, China

#1 May 21, 2012
Probably going to show kungfu movies 24/7.
boondock saint

Phnom Penh, Cambodia

#2 May 21, 2012
Wow ! A Chinese firm bought something in America, let's brag about it like it mean's something....
Hu Jintao

Berkeley, CA

#3 May 21, 2012
In late ’80s and early ’90s the Japanese were here buying large real estate projects such as Rockefeller Center and the Pebble Beach golf course. The way overpaid and by then mid ’90s, many of these projects were bought back. A syndicate comprising, among others, Arnold Palmer and Clint Eastwood, bought Pebble Beach back from the Japanese lender who foreclosed on the property. Mitsubishi bought Rockefeller Center for $1.4 billion in 1989 and lost the property in bankruptcy in the mid-’90s. It is now owned by an American syndicate.

The buzz back then was that the Japanese were taking over the world. They were just better at manufacturing and business than we were and had the money to prove it. We were told to emulate their business style. Paranoid books and movies like “Rising Sun” were grave warnings about Japan’s ascendancy. Then it all went poof. And it has been going poof ever since.

http://dailycapitalist.com/2012/04/16/japan-r...

With the highest debt-to-GDP ratio in the First World, has xenophobic Japan run out of capital?
RayH

Guangzhou, China

#5 May 22, 2012
Also, the Japs bought up America when everything were expensive. China's doing it while cheap.
LMAO

Lawrenceville, GA

#6 May 22, 2012
The real crime is that North Gwinnett baseball has this horrible Coach Caymol that parents seem to be affraid of. Oh the horror!

PS: The Chinese are set to own the planet.

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