AMC Theatres CEO Adam Aron dismisses restructuring, Chapter 11 fears
AMC Theatres’ CEO Adam Aron remains resolute in his optimism despite mounting concerns over the chain’s financial stability amid talks of potential restructuring and the weight of a staggering $4.5 billion debt. What is Chapter 11 bankruptcy? Chapter 11 bankruptcy enables a debtor—usually a corporation, sole proprietorship, or partnership—to formulate a reorganization plan, enabling it […]
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