Judge Nixes AMC Entertainment Shareholder Settlement

In a contorted legal case, a Delaware judge today struck down a settlement that would have helped AMC Entertainment move ahead with steps to raise cash and shore up its stock. “To cut to the chase, the settlement cannot be approved as submitted,” Judge Morgan Zurn of Delaware Chancery Court wrote in a 69-page opinion […]

from Deadline https://ift.tt/wc3zK5A

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