AMC Entertainment Holdings Inc. (NYSE: AMC) loaned a total of $65 million to RLJ Entertainment Inc. (Nasdaq: RLJE) sparking speculation that AMC may buy RLJ. Shares of AMC slipped 25 cents to close at $29.66 while RLJ Entertainment stock soared 94 cents to close at $2.90.
AMC may buy RLJ Entertainment
August 22, 2016 at 18:58 PM EDT