- AMC Entertainment Holdings stock price today and history
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AMC Entertainment Holdings stock price, AMC
AMC Entertainment Holdings stock chart:
AMC Entertainment Holdings close price: 30.85
Stock price forecast:
UP TO +9.01%
Total forecasts: 64
Reached: 49 (76.56%)
Total Win: 43.11 (125.27%)
Showing 1-10 of 340 items.
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AMC Entertainment Holdings latest news:
AMC wins U.S. antitrust approval to buy Carmike Cinemas with conditions
WASHINGTON (Reuters) - AMC Entertainment Holdings on Tuesday won U.S. antitrust approval with conditions to buy smaller competitor Carmike Cinemas Inc in a $1.2 billion deal that would create the...
AMC's $1.2 billion buyout of Carmike gets DOJ approval, with conditions
AMC Entertainment Holding Inc.'s proposed $1.2 billion buyout of Carmike Cinemas Inc. was approved Tuesday by the Department of Justice's antitrust division, with certain conditions. AMC will have to sell off theaters in 15 local markets, sell most of its holdings and give up governance rights in cinema media company National CineMedia LLC and transfer 24 theaters to the network of Screenvision LLC to close the deal. "Moviegoers across the United States have benefitted from head-to-head competition between AMC and Carmike that has kept ticket prices in check and delivered a higher quality movie experience," said Acting Assistant Attorney General Renata Hesse of the DOJ's antitrust division. "Today's settlement will ensure that movie theatre competition is preserved in 15 local markets where AMC and Carmike currently compete." AMC's stock rose 0.9% while Carmike shares eased 0.3%. Year to date, shares of AMC have rallied 39% and of Carmike have soared 45%, while the S&P 500 has gained 11%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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