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05/04/2024 02:48:18 pm

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Carmike cinemas takeover

 Pedestrians pass an AMC movie theater in Times Square June 21, 2005 in New York City.

AMC Entertainment Gets Carmike Cinemas Takeover Approval with Conditions

AMC Entertainment, owned by China's richest man Wang Jianlin, won US regulatory approval on Tuesday for its proposed takeover of rival Carmike Cinemas for $1.12 billion after agreeing to sell off some of its theaters and other holdings.

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