AMC movie theater in Baltimore. Photo: Diego M. Radzinschi/ALM Delaware Supreme Court Affirms AMC Shareholder Settlement Over Stock Split
Counsel for AMC said court interference might hinder the possibility of the Chancery court ever again certifying a shareholder class that didn't vote unanimously on an issue.
May 22, 2024 at 04:28 PM
3 minute read
Corporate Entities
The Delaware Supreme Court has upheld AMC's settlement with shareholders, capping litigation over a reverse stock split with a resolution that retail shareholders said wasn't made in their interest.
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