18 December 2013 1:00 AM, PST | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

AMC Entertainment Holdings, the U.S. movie theater chain controlled by China's Dalian Wanda Group, said late Tuesday that it has priced the stock for its Ipo at $18 per share, the low end of the previously announced $18-$20 range. Wanda is led by the country's richest man Wang Jianlin. Photos: Brrrrrrr!: Disney's 'Frozen' and 19 Other Wintry Movies The offering of more than 18.4 million shares of Class A common stock is expected to raise $314.2 million. The company plans to use the net proceeds to retire debt and for general corporate purposes. The stock is expected to begin

read more


- Georg Szalai

Report a problem

IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.

See our NewsDesk partners