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AMC, Fighting Bankruptcy, to Offer 50 Million More Shares

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AMC Entertainment Holdings Inc., the world’s largest cinema operator, plans to offer as many as 50 million more shares as it tries to stave off a bankruptcy filing.

The offering adds onto 200 million shares the Leawood, Kansas-based company registered earlier this month, it said in a filing dated Tuesday. AMC warned again in the new document that it might have to seek an in-court or out-of-court restructuring, which could wipe out its equity investors. The company has said it needs to raise $750 million.