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The boring answer is to pay off interest/loan reduction. National Amusement is open to exploring strategic opportunities (read: merger/sale)
The investment will give National Amusements some flexibility to pay off interest expenses and reduce its revolving loan, according to the people. It also means that the company won’t have to sell or pledge shares in Paramount.
Chicago and New York-based BDT & MSD is making the investment in National Amusements as a vote of confidence, as it sees opportunities to expand the business and generate value from Paramount, the people said. National Amusements is open to exploring strategic opportunities for Paramount, the people said.
The boring answer is to pay off interest/loan reduction. National Amusement is open to exploring strategic opportunities (read: merger/sale) May 25, 14:18
chump change, when your competitors are spending in the tens of billions annually {nm} May 25, 14:22
Yeah, probably just wanted the after hours pump, $115 would cover P&A and production costs on a SCREAM sequel at best. {nm} May 25, 14:29