By Nancy Tartaglione International Box Office Editor/Senior Contributor China’s Dalian Wanda Group has issued a statement regarding its AMC Entertainment, calling speculation about the chain filing for bankruptcy “pure rumors.” This comes after an S&P Global report last week forecasted AMC’s depletion of cash by mid-summer and its potential inability to re-open by June, and as chatter has swirled about a possible Chapter 11 filing.
In a one line announcement on its Chinese website, Wanda said, “Recent online speculation from the media that Wanda’s AMC is filing for bankruptcy is pure rumors.” AMC has 630 U.S.
locations which were all shuttered temporarily in mid-March as the coronavirus outbreak grew. When they will re-open remains a
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