(CBS DETROIT) – AMC Theatres got a lifeline amid its financial struggles due to the pandemic.
The largest theater chain in the U.S. says Mudrick Capital Management agreed to invest $100 million into the company.READ MORE: Michigan Reports 16,530 New COVID-19 Cases, 358 Deaths
AMC is currently only operating about 400 of its roughly 600 locations with limited hours and seating.15-Year-Old, Ethan Crumbley, Charged As Adult In Tuesday's Shooting At Oxford High School
MORE FROM CBS DETROIT: Michigan COVID-19 Restrictions Extended Through Dec. 20. Here’s Everything You Need To KnowGM To Build New North American Battery Materials Plant
© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.