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AMC Stockholder Appeals Chancery 'APE' Stock Split Deal

By Jeff Montgomery ( December 4, 2023, 8:05 PM EST) -- An AMC Entertainment Inc. investor who opposed a later-eroded, $115 million Chancery Court stockholder settlement with the company asked the Delaware Supreme Court to reverse the lower court approval based on inadequate class representation, multiple errors in the proceeding and denial of an opt-out....

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