Discussions with lenders about potential purchase of some Cineworld theaters 'are not continuing,' AMC says

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Discussions with lenders about potential purchase of some Cineworld theaters 'are not continuing,' AMC says
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AMC Entertainment said in a filing discussions it had with Cineworld lenders about potentially buying some of the rival chain’s theaters 'are not continuing.'

AMC operates 10,500 screens in roughly 940 theaters around the world.

The movie theater chain said in the Wednesday filing that a "definitive agreement with the Lenders has not been reached regarding the terms of any proposal to be presented to the debtors in the Cineworld cases, and at this time negotiations are not continuing.

When Cineworld filed for bankruptcy in September, CEO Mooky Greidinger said the COVID-19 pandemic "was an incredibly difficult time for our business, with the enforced closure of cinemas and huge disruption to

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