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AMC Denies Dalian Wanda Provided Funding for Recent Acquisitions

AMC Entertainment ( AMC) said on Tuesday that it has never received funding for the purchase of four cinemas in the U.S. and Europe from Dalian Wanda Group, its Chinese parent company.

AMC's purchases of Starplex Cinemas, Odeon & UCI Cinemas Holdings Ltd., Carmike Cinemas Inc. and Nordic Cinema Group Holding AB was made possible by a combination of U.S. bank loans and cash.

Wanda never provided financial guarantees or...


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