AMC Theatres Lives To See Another Day (Hopefully)

As theaters continue to do everything they can to stay afloat during the ongoing COVID-19 pandemic, AMC Theatres announced today it has restructured its debt in a way that will keep the theater chain alive through next spring, even if theaters do not reopen. With the anticipation of the restructuring and today’s announcement, shares have rebounded, although they did close a bit down on Friday.

Photo from Variety

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