(Reuters) – AMC Entertainment Holdings Inc is planning to issue 500 million shares to the public, the cinema operator’s top boss Adam Aron said in a CNBC interview on Thursday, a move that would help shore up its finances that have been hit by pandemic-related closures.
The company is seeking shareholder approval for the sale, he said.
(Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur)
