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Author Topic: AMC 's latest grab Scott Madsen Film Handler Posts: 58 Registered: Oct 1999 posted 01-29-2002 06:37 PM                     AMC Entertainment to Acquire Gulf States Theatres KANSAS CITY, Mo., Jan 29 (Reuters) - Movie theater operator AMC Entertainment Inc. (AMEX:AEN - news) said on Tuesday it will acquire the operations of Gulf States Theaters and take over Gulf's theater lease agreements with Entertainment Properties Trust (NYSE:EPR - news). Terms of the agreements were not disclosed, but Kansas City, Missouri-based AMC, which operates 177 theaters with 2,836 screens worldwide, said it expects to complete both transactions by March 1. Gulf States operates five stadium-style megaplex theaters with 68 screens in the New Orleans area. The acquisition is the second recently announced by AMC. In December, the company said it had signed a letter of intent to acquire GC Companies Inc., parent company of General Cinema Theaters.  |  IP: Logged Ian Price Phenomenal Film Handler Posts: 1714 From: Denver, CO Registered: Jun 99 posted 01-30-2002 01:35 PM                     I knew a guy named Alan Hollis who was a VP with UA. He left UA and went to work for Gulf States. At this year's Show East he was saying how nice it was to work for a smaller chain where you could make meaningful decisions. Well, I guess that is over.  |  IP: Logged Richard Fowler Film God Posts: 2392 From: Ft. Lauderdale, FL, USA Registered: Jun 2001 posted 01-30-2002 04:32 PM                     The old Gulf States chain had many nice people. They, at the time (24 years ago ) had a projectionist hand build their automations and his hobby was making fishing nets.....in the booth. Richard Fowler TVP-Theatre & Video Products Inc. www.tvpmiami.com  |  IP: Logged

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