FILE PHOTO: The AMC Theatres in the Georgetown neighborhood is closed due to a global outbreak of coronavirus disease (COVID-19), in Washington, U.S., March 20, 2020. REUTERS/Joshua Roberts
April 17, 2020
(Reuters) – AMC Entertainment Holdings Inc, the world’s largest theater operator, said on Friday its current cash balance was enough to withstand a global suspension of operations until a partial reopening in July.
AMC, which closed its theaters last month to help prevent the spread of the new coronavirus, had a cash balance of $299.8 million as of March 31.
(Reporting by Supantha Mukherjee in Bengaluru; Editing by Aditya Soni)
