AMC Entertainment Could Run Out Of Cash, CEO Says After Court Ruling; Urges Stockholders “To Take Bankruptcy Risk Off The Table” Even As Shares Surge ...Middle East

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AMC Entertainment Could Run Out Of Cash, CEO Says After Court Ruling; Urges Stockholders “To Take Bankruptcy Risk Off The Table” Even As Shares Surge
CEO Adam Aron said a court ruling Friday that makes it harder for AMC Entertainment to raise cash has serious implications for the circuit’s financial stability — a blowout ‘Barbenheimer’ weekend at the box office and surging share price notwithstanding. “AMC must be in a position to raise equity capital. I repeat, to protect AMC’s […]

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