AMC Entertainment Sells Stake In Saudi Arabia Theater Venture To Local Partner For $30 Million
© Posted last day AMC Entertainment said it will buy Saudi Entertainment Ventures' (SEVEN) investment in the film industry, Saudi Cinema Company, for $30 million. AMC said the deal required a transition from a management and investment role in SCC to a "pure licensing relationship." Existing AMC Theaters and future venues operated by SCC will … Read more