America’s Largest Cinema Chain Will Probably Go Bankrupt: Analysts

“AMC Theatres — whose business has effectively shut down because of the coronavirus pandemic — looks increasingly likely to file for bankruptcy with its cash reserves dwindling, according to Wall Street analysts. … Even if AMC is able to tap government bailout funds, [an analyst] wrote, the company’s high leverage ratio — with $4.75 billion in debt — ‘will make for tough sledding … thus making a reorganization inevitable.'” – Variety