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AMC CEO Adam Aron Says New Financing Deal Means Imminent Bankruptcy Is ‘Completely Off the Table’

AMC Theaters delivered a sobering message last December, warning that the world’s largest cinema chain could run out of cash by early 2021 due to mounting challenges posed by the coronavirus pandemic. On Monday, the company announced a reversal of fortune. It raised nearly $1 billion in funding since then, allowing AMC to avert bankruptcy […]

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