Amazon Acquisition Of AMC Is ‘Extremely Unlikely,’ Analysts Say—But AMC Shares Still Soar 13% Forbes – Markets

Amazon Acquisition Of AMC Is ‘Extremely Unlikely,’ Analysts Say—But AMC Shares Still Soar 13% Forbes – Markets

AMC’s roughly $5 billion in debt means Amazon likely wouldn’t buy the theater chain even at a discount as it pushes into theaters, according to Wedbush, pouring cold water on claims Tuesday that Amazon could acquire the ailing company.

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