AMC says it is reached deal to settle shareholder lawsuit over APE conversion

AMC Leisure Holdings Inc. stated over the weekend it has reached an settlement to settle a courtroom combat with shareholders regarding a proposed inventory conversion.

“AMC has not too long ago reached an settlement to settle a putative stockholder class motion regarding the proposed conversion of AMC Most popular Fairness Models into Widespread Inventory and reverse inventory cut up,” AMC stated on its Twitter account Saturday evening.

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