An AMC Entertainment Holdings Inc. investor will end a lawsuit demanding a board election at the movie theater chain now that the company has scheduled its first general shareholder meeting in over a year.
AMC scheduled its annual meeting Nov. 8, the company announced earlier this week.
The parties have agreed to dismiss the litigation in Delaware’s Court of Chancery with prejudice, according to a filing Friday from the investor’s attorney, Elizabeth Sloan of Ballard Spahr LLP.
The lawsuit was filed in July amid a separate shareholder case over AMC’s APE units. A nine-figure settlement approved Aug. 11 ...
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