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Why a Chinese Company Wants to Own Your Local Movie Theater

Assuming the deal gets a pass from government regulators, there's good chance that your local movie theater will soon be owned by a large, Chinese conglomerate. This weekend, Dalian Wanda Group announced that it would pay $2.6 billion to purchase AMC Entertainment, America's second largest cinema chain. It would be the most expensive foreign takeover yet by a private Chinese company, a summer blockbuster for the M&A world.

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