YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
China's Wanda America Entertainment Inc. sold its controlling stake in AMC Entertainment Holdings Inc.
The Chinese investor sold more than 15.6 million shares worth $220 million. Wanda now owns 6.8% of AMC's outstanding stock.
Wanda purchased AMC for $2.6 billion in 2012. It retained an 80% stake in its stock when AMC went public the next year.
Read more from the Kansas City Business Journal.
The first southwest Missouri location of EarthWise Pet, a national chain of pet supply stores, opened; Grey Oak Investments LLC relocated; and Hot Bowl by Everyday Thai LLC got its start.