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StockNews.com
StockNews.com
Business
Pragya Pandey

1 Stock You Will Lose Money on if You Buy It Now

AMC Entertainment Holdings, Inc. (AMC) is a well-known theatrical exhibition company. It owns, operates, or has interests in theaters in the United States and Europe.

Furthermore, AMC disclosed last month that it has entered into an equity distribution agreement under which it may sell up to 425 million AMC preferred equity units (APEs), raising about $1.7 billion. According to AMC, the proceeds will be used "primarily to repay, refinance, redeem or repurchase the company's existing indebtedness."

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