- AMC Entertainment Holdings Inc, the world’s largest theater operator, said on Friday it had enough cash balance to withstand a global suspension of operations until a partial reopening in July, as the U.S. government plans to reopen the country’s economy.
Movie theaters will be the first ones to reopen under U.S. President Donald Trump’s guidelines that call for reopening of businesses shut down by the new coronavirus in three stages. Thousands of theaters closed down last month and the National Association of Theatre Owners had called on the U.S. Congress and the Trump administration to provide emergency relief.allows theater operators to reopen under strict physical distancing protocols.
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