Movie theater operator AMC Entertainment Holdings Inc. said today that it would issue shares to investment firm Mudrick Capital Management LP for a $100 million investment as it looks to prop up its finances to stave off a possible bankruptcy, Reuters reported. AMC said it would need at least $750 million of additional liquidity to fund its cash requirements through next year. The company estimated its cash and cash equivalents amounted to about $320 million at Nov. 30, and in the absence of additional liquidity it anticipates its existing cash resources will be depleted during January next year.
