Pursuits
Wanda’s AMC Theater Chain Seeks $400 Million in Revived U.S. IPO
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AMC Entertainment Holdings Inc., the movie-theater operator owned by China’s richest man, resumed plans for a U.S. initial public offering, seeking $400 million.
The second-largest U.S. cinema chain, based in Leawood, Kansas, may use proceeds to fuel expansion and repay debt, according a regulatory filing yesterday. The offering size is a placeholder amount used to calculate fees and may change.