Correct. Wanda Group (chinese) owns the majority share of AMC.
The company is listed on the New York Stock Exchange; from 2012 to 2018, the Chinese conglomerate Wanda Group owned a majority stake in the company. Private equity firm Silver Lake Partners made a $600 million investment in AMC in September 2018, but the voting power of AMC shares is structured in such a way that Wanda Group still controls the majority of AMC's board of directors.[5]
Correct. Wanda Group (chinese) owns the majority share of AMC.
3rd para:
https://en.m.wikipedia.org/wiki/AMC_Theatres
Thanks for the info, going to dump my AMC shares in the morning
Good! Glad I could help our cause! 👍 I think I learned it from a documentary video on Midnights Edge-- based AF YouTube channel about comics and film.
You’re absolutely welcome
I'm gonna wait till I break even, but same
Buy Bitcoin
I’m HODLing enough of it already lol