(CNBC) AMC Entertainment shares jumped as much as 21% after the close of regular trading on Tuesday following a story in the Wall Street Journal that the movie theater company is nearing a deal to avoid near-term bankruptcy. The Journal, citing people familiar with the matter, said AMC is working on a restructuring deal, led by Silver Lake, that would have bondholders provide a $200 million loan, swapping out “their unsecured claims at a discount.”
AMC shares surge after WSJ report that the company is working on deal to avoid bankruptcy
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