Judge Denies AMC Settlement on stock conversion, shares surge A judge on Friday blocked a proposed settlement on AMC Entertainment Holdings’ (AMC.N) stock conversion plan that would allow the company to issue
Judge Denies AMC Settlement on stock conversion, shares surge A judge on Friday blocked a proposed settlement on AMC Entertainment Holdings’ (AMC.N) stock conversion plan that would allow the company to issue more shares, sending its common shares soaring and preferred shares down in after-hours trading. Delaware Vice Chancellor Morgan Zurn said in the ruling…