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America's Largest Cinema Chain Will Probably Go Bankrupt: Analysts by Artsjournal1

"AMC Theatres " whose business has effectively shut down because of the coronavirus pandemic " looks increasingly likely to file for bankruptcy with its cash reserves dwindling, according to Wall Street analysts. … Even if AMC is able to tap government bailout funds, [an analyst] wrote, the company's high leverage ratio " with $4.75 billion […]

SOURCE: ArtsJournal at 11:24am on April 10, 2020

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