- AMC Entertainment Holdings rose 13% after news that Amazon is considering acquiring the chain.
- Amazon has investment advisers looking at a possible takeover of the chain, which has a market value of about $4 billion.
- AMC theaters could serve as a platform for the 12-15 movies Amazon plans to release in cinemas annually.
AMC Soars on Report Amazon Weighs Offer for Theater Chain
Amazon is reportedly weighing a possible acquisition of AMC Entertainment Holdings, the struggling movie-theater chain with a market value of about $4 billion.