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Bond Markets Are Flooded With Deals to Fund M&A

(Bloomberg) Demand has grown so fervent for corporate bonds that investors are once again willing to finance big mergers and acquisitions — something they hesitated to do for much of last year.Most Read from BloombergBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashInvestors Flee Tumbling EV Upstarts Once Hailed as ‘Next Tesla’Bezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupLitquidity Salary Reports Help Bankers Measure Up Annual RaisesBody of Alexey Navalny Is Given to ....

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AMC Entertainment Is Selling $230 Million in Stock to Finance Acquisitions


AMC Entertainment Is Selling $230 Million in Stock to Finance Acquisitions
Rich Duprey
© Provided by The Motley Fool
AMC Entertainment Is Selling $230 Million in Stock to Finance Acquisitions
AMC Entertainment Holdings (NYSE: AMC) is going on the offensive, selling over $230 million worth of stock to hedge fund operator Mudrick Capital Management at a premium so it can use the proceeds to make acquisitions.
The theater operator is selling 8.5 million shares to the private equity firm at a price of $27.12 per share, a nearly 4% premium to Friday s closing price of $26.12 per share. It says it intends to make value creating acquisitions of additional theatre leases, as well as investments to enhance the consumer appeal of AMC s existing theatres. It may also reduce debt with the money.  ....

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