AMC Shareholders Approve ‘APE’ Stock Conversion to Raise Fresh Cash

14 March 2023

Shareholders in AMC Entertainment Holdings have voted to allow the parent of AMC Theatres to convert AMC Preferred Equity Units, or so-called APEs, into the company’s common shares. During a special shareholders meeting held on Tuesday, a preliminary report was announced to indicate the APE conversion proposal passed with 978 million votes, or 88 percent of […]

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