{"id":39814,"date":"2023-07-24T11:47:22","date_gmt":"2023-07-24T15:47:22","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/amc-stock-skyrockets-on-revised-stock-conversion-settlement-plan-after-fridays-surprise-court-setback\/"},"modified":"2023-07-24T11:47:24","modified_gmt":"2023-07-24T15:47:24","slug":"amc-stock-skyrockets-on-revised-stock-conversion-settlement-plan-after-fridays-surprise-court-setback","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=39814","title":{"rendered":"AMC stock skyrockets on revised stock-conversion settlement plan after Friday\u2019s surprise court setback"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002311291\" role=\"document\">\n<p>AMC Entertainment Holdings Inc. has submitted a revised proposal for its stock-conversion plan after a judge rejected a settlement Friday that would have given a green light to the deal.<\/p>\n<p>In a letter to investors that was <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/CEOAdam\/status\/1683215965608189954\" target=\"_blank\" class=\"icon none\">posted<\/a> Sunday on Twitter, AMC Chief Executive Adam Aron said that a modified proposal was filed Saturday with the Delaware Chancery Court intended to address the court\u2019s concerns. Aron said that, if the court agrees, the company hopes to implement the plan \u201cas soon as possible.\u201d<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/amc-revises-stock-conversion-settlement-plan-after-fridays-surprise-court-setback-c6540e32?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMC Entertainment Holdings Inc. has submitted a revised proposal for its stock-conversion plan after a judge rejected a settlement Friday that would have given a green light to the deal. In a letter to investors that was posted Sunday on Twitter, AMC Chief Executive Adam Aron said that a modified proposal was filed Saturday with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-39814","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AMC stock skyrockets on revised stock-conversion settlement plan after Friday\u2019s surprise court setback | iFintechWorld<\/title>\n<meta name=\"description\" content=\"AMC Entertainment Holdings Inc. has submitted a revised proposal for its stock-conversion plan after a judge rejected a settlement Friday that would have\" 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