AMC is attempting to cushion mounting investor fears it is suffering a cash shortfall after a string of recent takeovers, which have included the US$930 million buyout of Nordic Cinema Group this year, and the US$1.1 billion purchase of Carmike Cinemas, the fourth largest in the US, last year. Photo: Shutterstock

Wanda’s AMC douses fears its expansion will stall because of domestic cash crunch

Company reacts to rumours its ambitions of controlling one in every five of the world’s cinema screens by 2020 were in serious jeopardy

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AMC is attempting to cushion mounting investor fears it is suffering a cash shortfall after a string of recent takeovers, which have included the US$930 million buyout of Nordic Cinema Group this year, and the US$1.1 billion purchase of Carmike Cinemas, the fourth largest in the US, last year. Photo: Shutterstock
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