AMC: Wanda does not actively participate in day-to-day running of AMC
"AMC is an American company run from its Leawood, Kansas, headquarters by our management teams located in the U.S. and Europe," said Adam Aron, AMC CEO and President. "Our shares are publicly traded on the New York Stock Exchange and our shareholder roster includes some of the biggest U.S.-based institutional investors, as well as Dalian Wanda, which owns a majority of our shares. Wanda has been a terrific shareholder, and we are grateful for Wanda's support of AMC's efforts over the past few years to grow our business, to increase our profitability, to sustain some 45,000 U.S. and European jobs for AMC employees, and to improve the movie going experience for our more than 350 million U.S. and European guests each year. Wanda does not actively participate in the day-to-day running of AMC beyond the Board of Directors service of three Wanda executives side-by-side with six American directors on the AMC Board. Accordingly, recent press reports notwithstanding, we greatly look forward to Wanda's continued support as an AMC shareholder."