Movie Theatre

AMC Theater Chain To Buy Carmike For $1.1 billion

AMC Entertainment, the movie theater chain bought by Chinese conglomerate Dalian Wanda Group in 2012, is acquiring rival chain Carmike Cinemas for $1.1 billion including debt. The acquisition will make the combined entity the largest theater chain in North America and the world, and signals Wanda’s further expansion into entertainment. It comes just two months after Wanda said it would…