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AMC Entertainment to issue 500 million shares, CEO tells CNBC

April 1 (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)

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