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Why AMC Shares Are Getting Hammered Today

Why AMC Shares Are Getting Hammered Today
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Amc Entertainment Inc , Swaggy Stocks , மக் பொழுதுபோக்கு இன்க் , ஸ்வாகி ஸ்டாக்ஸ் ,

AMC shares spike again, this time on months-old deal speculation


AMC shares spike again, this time on months-old deal speculation
Molly Schuetz, Bloomberg News
Pedestrians wearing protective masks pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, U.S., on Tuesday, Oct. 15, 2020
, Bloomberg
AMC Entertainment Inc., whose shares are a favorite of Reddit-inspired day traders, jumped on Thursday after the publication of a French translation of a months-old report speculating Amazon.com Inc. would buy the world’s biggest chain of movie theaters.
The article in Forbes France is dated today, but notes at the bottom it’s a translation of a Forbes US piece. The American version was published last May. Both versions note the Amazon acquisition idea is “pure speculation,” but cite reasons it would make sense, including the financial struggles of AMC and Amazon’s successful content arm Prime Video. Amazon and AMC di ....

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AMC in Talks to Leverage European Assets for Another Lifeline


AMC in Talks to Leverage European Assets for Another Lifeline
Movie-theater giant AMC Entertainment is in discussions for a potential financing package backed by its U.K.-based Odeon subsidiary
An Odeon cinema in London in November. AMC acquired the movie-theater chain in 2016.
Photo:
Han Yan, Timireland/Zuma Press
By
Jan. 6, 2021 11:20 am ET
AMC Entertainment Inc. is in talks with Apollo Global Management Inc. and other top creditors over a potential financing deal backed by the cinema chain’s European assets, according to people familiar with the matter.
AMC, the world’s largest movie theater company, is negotiating with lenders including Apollo, Davidson Kempner Capital Management LP, and Ares Management Corp. to expand the line of credit available to the company’s U.K.-based Odeon Cinemas Group subsidiary, these people said. ....

Amc Entertainment Inc , U Odeon Cinemas Group , Ares Management Corp , Apollo Global Management Inc , Apollo Global Management , Davidson Kempner Capital Management , Ares Management , Odeon Cinemas Group , மக் பொழுதுபோக்கு இன்க் , உ ஓடியந் சினிமாக்கள் குழு , ஏரிஸ் மேலாண்மை கார்ப் , அப்பல்லோ உலகளாவிய மேலாண்மை இன்க் , அப்பல்லோ உலகளாவிய மேலாண்மை , டேவிட்சன் கெம்ப்ணேர் மூலதனம் மேலாண்மை , ஏரிஸ் மேலாண்மை , ஓடியந் சினிமாக்கள் குழு ,