Chinese Firm Buys AMC Movie Theater Chain in Largest Sale Ever of U.S. Company to ChinaSubmitted by go213mph on Tue, 05/22/2012 - 10:54
I'm assuming that this article is excepting the purchase of The USA Corporation when they claim this to be the largest Sale Ever of a US Company. Note Bain Capital was involved in the sale. Hum?
"In another first for China, the Asian giant’s largest entertainment group has reached a deal to purchase the second biggest theater chain in the U.S., making the sale the largest to date of an American business to the Chinese.
The Dalian Wanda Group, controlled by billionaire real-estate developer Wang Jianlin, will pay $2.6 billion for AMC Entertainment Holdings Inc. Two billion of the $2.6 billion represents debt that Wanda will take on as part of the purchase from the previous owners, which included private-equity firms JPMorgan Partners, Apollo Global Management and Bain Capital."