AMC Theaters likely to file for bankruptcy

[desiboys]

AUSTIN, Texas (KEYE) — The world's largest movie theater chain AMC could soon be filing for bankruptcy.

That's according to financial analysts who say AMC was already struggling prior to the outbreak.

Variety says in a report released Thursday, MKM Partners analyst Eric Handler wrote, “Based on our view that theatres will be closed until at least August and our belief that AMC lacks the liquidity to stay afloat until that time, we expect the company will soon be faced with filing for bankruptcy.”

All theaters have been closed since March 16 due to the coronavirus and aren't expected to re-open until August.

By that estimate, AMC would be completely out of money.

[Peddayana]

was about to buy , bokka baga padedi

[LazyRohit]

Chinki galladi kada

[Peddayana]

I like AMC compared to Regal 

[LazyRohit]

Chinkis ni ban cheyandi

[Gentle_Boy]

6 minutes ago, Peddayana said:

was about to buy , bokka baga padedi

Lol....same....nenu kuda

[desiboys]

8 minutes ago, LazyRohit said:

Chinki galladi kada

Chinki gallade. Buyers dorakatle anta

[LazyRohit]

Just now, desiboys said:

Chinki gallade. Buyers dorakatle anta

Market lonchi ella 10gandi

[AndhraneedSCS]

Bankruptcy file chesaka evado okadu cheap ga kontadu le.. 

 

Worstcase, landlords ee kontaru