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AMC Lands Deal To Open Cinemas In Saudi ArabiaA Hollywood visit by the Saudi crown prince has reportedly led to a deal that will allow movie exhibitor AMC to open theaters in Saudi Arabia.

Chinese Firm Spends $2.6 Billion To Acquire AMC Cinema ChainA Chinese conglomerate -- the Dalian Wanda Group -- has announced they have acquired US-based AMC cinema for $2.6 billion.