AMC Entertainment (AMC) Receives EC Approval to Move Forward with Acquisition of Odeon & UCI Cinemas Holdings (CKEC)
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AMC Theatres® Receives European Commission Approval to Move Forward with Acquisition of Odeon & UCI Cinemas Holdings Limited
November 16, 2016 3:13 PM ESTLEAWOOD, Kan. & LONDON--(BUSINESS WIRE)-- AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC) announced today AMCs acquisition of London-based Odeon & UCI Cinemas Holdings Limited (Odeon & UCI) from private equity firm Terra Firma has received approval from the European Commission. When the transaction closes, expected on or about November 30, 2016, the combination of AMC and Odeon & UCI will make AMC the largest movie theatre operator in the world.
Were pleased by the European Commissions approval, said Adam Aron, CEO and President, AMC. With todays approval, were one step closer to gaining first-mover advantage in Europe by... More
