Tuesday, 20 October 2020

AMC faces serious cash crunch despite theaters reopening

Movie theaters are reopening across the country, but that may not be enough to save some of the biggest cinema operators. AMC Entertainment Holdings, one of the world’s largest movie theater operators, said it could run out of cash by the end of the year if it can’t find additional sources of liquidity, Reuters reported. The company said in a filing on Tuesday that “substantial doubt exists about the company’s ability to continue as a



source https://therealdeal.com/2020/10/20/amc-faces-serious-cash-crunch-despite-theaters-reopening/

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