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And the filing said: “In addition, with these funds, the company intends to continue exploring deleveraging opportunities.” In a press release, Aron said: “Given our scale, experience and commitment to innovation and excellence, AMC is being presented with highly attractive theater acquisition opportunities. We are in discussions, for example, with multiple landlords of superb theaters formerly operated by Arclight Cinemas and Pacific Theatres.
AMC Theatres had already raised $100 million from investment firm Mudrick in a debt offering in December.
CEOAdam use the money to buy and HDOL the $AMC stonk.
The absolute chonk of this silverback.
Cell phone lights, constant chatter, pizza grease, other issues. Theatres must clearly set customer expectations in advance, to make it a unique and enjoyable experience. If not its just easier, convenient and more pleasant to stay home.
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