AMC Entertainment Sells 6,500,000 Shares of NCMI

In a Form 4 filed earlier today, AMC Entertainment reported that it sold 6,500,000 shares of National Cinemedia Inc. NCMI on August 18th for an average price of $16.00. The transaction totaled $104,000,000. AMC Entertainment does not own any shares of NCMI. Source: The Washington Service