What's new

Wanda's AMC Theatres Expects $2.4B Loss

Hamartia Antidote

ELITE MEMBER
Joined
Nov 17, 2013
Messages
35,188
Reaction score
30
Country
United States
Location
United States
https://www.mingtiandi.com/real-estate/crelist/wandas-amc-theatres-expects-2-4b-loss/

amc-theatre.jpg

Wanda’s AMC Theatres may fall victim to the COVID nightmare

Scary cinema adventures lead today’s real estate headlines as a US unit of Dalian Wanda Group warns that it may never make it back alive from the marathon showing of Nightmare on COVID Street. Never long from the headlines, WeWork also gets some coverage today as a group of its investors file a class action suit against the company and its primary backer, Softbank.

AMC Theatres Expects $2.4B Loss, Flags ‘Going Concern’ Doubts
AMC Theatres, the world’s biggest movie theater chain, said on Wednesday that it has “substantial doubt” it can remain in business after closing locations across the globe during the coronavirus pandemic.

The theater chain, which closed its theaters earlier this year, expects to have lost between $2.1 billion and $2.4 billion in the first quarter
 
. .

Military Forum Latest Posts

Back
Top Bottom