AMC Raises $230 Million From Equity Sales For Acquisitions, Investments; Discussions Underway With Arclight and Pacific Landlords

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Leading cinema chain AMC is raising $230.5 million to purchase additional cinema leases and grow the consumer appeal of its existing properties. AMC Entertainment Holdings, Inc. revealed on Tuesday…

is raising $230.5 million to purchase additional cinema leases and grow the consumer appeal of its existing properties.

“Given our scale, experience and commitment to innovation and excellence, AMC is being presented with highly attractive theater acquisition opportunities,” said Aron. “We are in discussions, for example, with multiple landlords of superb theaters formerly operated by Arclight Cinemas and Pacific Theatres.

 

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