FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “AMC Entertainment Holdings Avoids Bankruptcy Amid Raising $917 Million”
AMC Entertainment Holdings (NYSE: AMC) surged over 34% in premarket trading after it raised 917 Million dollars of Fresh Investment Capital Since Mid-December of 2020.
Since December 14, 2020 the Company has raised or signed commitment letters to receive 917 million dollars of new equity and debt capital and will now continue to make progress in its ongoing dialogue with theatre landlords about the amounts and timing of owed theatre lease payments.
AMC is the largest movie exhibition company in the United States, the largest in Europe and the Middle East, and the largest throughout the world with approximately 1,000 theatres and 10,700 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming.
For more information, please visit: AMC Entertainment Holdings Inc.
About The Buzz: A Financial Buzz Show on daily news, covering the most up to date financial information. The Buzz intends to provide factual and relevant information for its audience. The Buzz is 100% original content, created by Financial Buzz Media. Located on Wall Street in the heart of New York City’s financial district, FinancialBuzz.com is a credible source for the world’s latest trending financial and economic news. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content.