AMC Theatres says it has raised enough money that imminent bankruptcy is 'off the table'

AMC Theatres
(Image credit: Getty Images)

Even as upcoming films face new delays due to the COVID-19 pandemic, AMC Theaters' CEO says he's feeling "optimistic and encouraged," as the company has avoided imminent bankruptcy.

AMC, the largest movie theater chain in the world, announced Monday it has raised $917 million since last month, which it said "should allow the company to make it through this dark coronavirus-impacted winter."

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