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AMC Entertainment Monday announced the results of a key debt swap as it nears the finish line of a financial revamp unveiled earlier this month that will help it stay viable through  spring. The plan will slash debt, bring in $300 million in fresh cash and defer some interest payments. The financing just became even…

EXCLUSIVE: The nation's largest theater chain AMC Entertainment is finalizing a deal with bondholders that would slash debt by up to $600 million, bring in $200 million in fresh cash and give it a lifeline into 2021, Deadline has learned. A $500 million bond sale in April as the coronavirus kicked the nation's economy…

Cash-strapped AMC Entertainment saw its stock surge in premarket trade as the nation's largest exhibitor is said to be closing in on a debt restructuring that will provide a cash cushion as its theaters remain shuttered. The shares were up 10.4% at $4.56 premarket but surrendered some gains when trading opened are up…

Broadcaster Tenga broke its silence about a swirl of suitors, acknowedging it received four unsolicited offers but saying it’s not currently in talks after two bidders withdrew and the process is stalled with the other two. Tegna did not name the interested parties. But smaller Gray Television made a cash-and-stock…

Gray Television is said to have withdrawn its bid for Tegna. The company had offered $20 a share, or $8.5 billion in combined cash and stock for Tegna. Its bid was followed by identical offers from private equity giant Apollo Global and Byron Allen’s Allen Media – both all cash offers, also for $8.5 billion. Those…

Media entrepreneur Byron Allen has made an all-cash bid for Tegna and is said to be one of three potential buyers circling the Tysons, Va.-based broadcaster, according to a source familiar with the situation. Allen's Allen Media Group offered $20 a share, or about $8.5 billion, the source said. It is going up against G…