(Reuters) – AMC Entertainment Holdings Inc AMC.N may need to raise additional capital as an option, either entirely or mostly through equity, the CEO of the cinema operator, Adam Aron, told Reuters late on Tuesday.
There was no further contingency planning underway beyond raising additional capital, Aron said.
He also denied an earlier Bloomberg article that said the company was considering a range of options, including a potential bankruptcy protection, calling the report “false”.
Source: Read Full Article
Blinken emphasizes U.S. opposition to Nord Stream 2 pipeline in meeting with German foreign minister
US stocks poised for rebound, Asian stocks rally
Delaying Social Security Benefits Doesn't Always Mean a Bigger Total Payout
Shale producer Devon Energy to buy peer WPX Energy for $2.56 billion
Trade talks keep stocks afloat, weak PMIs sink euro