AMC Stock Suit Settlement Gets Chancery OK On 2nd Try
By Jeff Montgomery ( August 11, 2023, 5:08 PM EDT) -- AMC Entertainment secured approval Friday from the Delaware Court of Chancery for settlement of a class challenge to the theater giant's plan to free up unsold AMC stock through a preferred-to-common share conversion and 1-for-10 reverse stock split after the court had rejected an earlier deal in July....
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