AMC Entertainment Holdings Inc.’s deal with its bank lenders to extend the covenant suspension period of a loan for another year is a reflection of the company’s recovery, says CEO Adam Aron.
In a tweet late Wednesday, the AMC AMC CEO thanked the movie-theater chain’s lenders Citigroup Inc. C , Goldman Sachs Group Inc. GS and Credit Suisse Group AG CS CSGN . Earlier this month, Aron, who sold more than $40 million in AMC shares between November 2021 and January 2022, used Twitter to tell investors that he would not sell more of the theater chain’s stock “any time soon,” tweeting, “I ride with you.”Aron subsequently reiterated his pledge not to sell more stock. “I am AMC’s largest retail shareholder,” he tweeted on Jan. 5.
cause everything about them sucks. movies too expensive. food too expensive. too many rules. too many other people. why leave the house when i can directly stream it from the couch. they are dead.