AMC Entertainment Holdings (NYSE:AMC) is expanding its Northeast presence through the acquisition of seven theaters from the Bow Tie Cinemas chain. The financial terms of the transaction were not disclosed.
What Happened: AMC will now own and operate five Bow Tie venues in Connecticut, one in Saratoga Springs, New York, and one in Annapolis, Maryland. The acquisition brings a combined total of 66 new screens under the AMC banner.
