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AMC buys Carmike Cinemas for US$1.1 billion in all-cash deal

Beijing / Bloomberg AMC Entertainment Holdings Inc., controlled by China’s richest man, agreed to buy Carmike Cinemas Inc. in a $1.1 billion all-cash deal that would create the world’s largest cinema chain and extend Chinese influence in the movie industry. AMC, majority owned by billionaire Wang Jianlin’s Dalian Wanda Group Co., will pay $30 a share for Carmike, a 19 ...

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EU to push Turkey to take back migrants on ‘large-scale’

Brussels / AFP European leaders will push Turkey at a summit on Monday to agree to “large-scale” deportations of economic migrants from Greece, as EU chief Donald Tusk says he sees the first hints of a resolution to the migrant crisis. With a fresh surge expected in the warmer spring weather, the European Union’s 28 leaders are pinning much of ...

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Syria Western-backed oppn elects new leader

BEIRUT / AP One of the main Western-backed Syrian opposition groups elected a new leader after the term of its former chief ended, it said in a statement. The Turkey-based Syrian National Coalition said longtime member Anas Al Abda was elected president, replacing Khaled Khoja. It added that three other officials from the group have been named vice presidents. The ...

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