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  • 2 years ago
CG: AMC Boosts Its Box Office Market Share With $1.1 Billion Buyout of Carmike Cinemas

CG: AMC Boosts Its Box Office Market Share With $1.1 Billion Buyout of Carmike Cinemas

Extending a wave of industry consolidation, the No. 2 and 4 theater operators in the U.S. will combine to create the largest theater chain in the country. The combined entity will have over 8,000 screens and 600 locations in 45 states. And in other news, stellar revenue growth may soon be a source of nostalgia for Shake Shack investors.

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