AMC ENTERTAINMENT HOLDINGS,INC. (NYSE:AMC) Files An 8-K Other EventsITEM 8.01 Other Events.
On September18, 2017, AMC Entertainment Holdings,Inc. (the “Company”) issued a press release announcing that it has entered into an agreement to sell 12.0 million shares of National CineMedia,Inc. common stock to Standard General, L.P. for approximately $73.1 million, representing a price of $6.09 per share. The sale is scheduled to be completed on September20, 2017. The Company will recognize a loss of approximately $17.4 million, including transaction costs, on the sale of these shares. A copy of the Company’s press release containing such announcement is attached as Exhibit99.1 to this Current Report on Form8-K.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
The Company is filing the following exhibits:
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ExhibitNo.
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Description
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99.1
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Press release dated September18, 2017.
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AMC ENTERTAINMENT HOLDINGS, INC. ExhibitEX-99.1 2 a17-22183_1ex99d1.htm EX-99.1 Exhibit 99.1 INVESTOR RELATIONS: John Merriwether,…To view the full exhibit click here
About AMC ENTERTAINMENT HOLDINGS,INC. (NYSE:AMC)
AMC Entertainment Holdings, Inc. is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc. (AMCE), American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors. The Company also offers a range of food and beverage items, which include popcorn; soft drinks; candy; hot dogs; specialty drinks, including beers, wine and mixed drinks, and made to order hot foods, including menu choices, such as curly fries, chicken tenders and mozzarella sticks. It operates over 900 theatres with approximately 10,000 screens globally, including over 661 theatres with approximately 8,200 screens in the United States and over 244 theatres with approximately 2,200 screens in Europe. The Company’s subsidiary also includes Carmike Cinemas, Inc.