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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Markets and Finance published this video item, entitled “AMC Sells $230 Million of Stock to Investor” – below is their description.
Jun.02 — Another twist in AMC Entertainment Holdings Inc.’s wild ride. The movie theater chain announced yesterday that it had sold $230 million worth of new shares to Mudrick Capital Management. According to a person familiar with the matter, Mudrick then promptly dumped the shares into the market the same day for a profit and told its customers it thought the shares were overvalued. Bloomberg’s Dani Burger reports on “Bloomberg Markets: China Open.”Bloomberg Markets and Finance YouTube Channel
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