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AMC CEO: Imminent bankruptcy 'off the table'

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AMC Entertainment Holdings Inc. CEO Adam Aron said talk of imminent bankruptcy “is completely off the table" as the theater operator has raised capital in the past month.

AMC has raised or signed commitment letters for $917 million in new equity and debt capital since Dec. 14, according to the Kansas City Business Journal.

The Leawood, Kansas-based company reportedly has come close to filing for bankruptcy multiple times amid the coronavirus pandemic.

Read more from the Kansas City Business Journal.

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