AMC Suspends IPO

AMC Entertainment Inc., a Kansas City-based movie theater chain, has suspended its IPO due to “adverse market conditions.” The offering had been designed to raise nearly $790 million, with Goldman Sachs serving as lead underwriter. Shareholders include JPMorgan Partners (20.78% pre-IPO position), Apollo Management (20.78%), Bain Capital (15.09%), The Carlyle Group (15.09%) and Spectrum Equity Investors (9.76%).