AMC Raises $917 Million to Keep Theaters Open
The new equity and debt capital "means that any talk of an imminent bankruptcy for AMC is completely off the table."
AMC Still Needs $550M to Stay Afloat Through 2021, CEO Says
With the mounting liquidity concerns, AMC’s stock dipped to its 52-week low of $1.91.
Regal Cinemas Forced to Suspend U.S. Operations
The movie theater chain will close more than 500 locations after movie studios delay big-ticket movies.
Cinema Chain Merger Heads for Court Fight
Cineplex accuses Cineworld of "buyer's remorse" and seeking to avoid its obligations under the merger agreement because of the COVID-19 pandemic.
CMX Files Chapter 11 Amid Theater Shutdowns
The bankruptcy filing came shortly before a hearing in a suit seeking a court order that would compel CMX to close its acquisition of Star Cinema Grill.
Cineworld Expands to U.S. With $3B Regal Deal
The latest example of consolidation in the movie theater business gives Cineworld access to the world's largest box-office market.
AMC Shares Plunge on Warning of Big Loss
The movie theater chain is expecting a Q2 loss of up to $178.5 million amid a 4.4% decline in U.S. box office sales.
AMC Acquires European Theaters for $929M
The acquisition of the Nordic Cinema chain furthers AMC's goal of owning 20% of the world’s movie screens.
AMC Theatres to Acquire European Cinema Group
The deal will create the largest theater exhibition company worldwide, pushing AMC ahead of Regal Entertainment.