7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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AMC abandons talks to acquire some theatres owned by bankrupt Cineworld

A Cineworld cinema, near Manchester, Britain, on Oct. 4, 2020.PHIL NOBLE/Reuters

Cinema chain AMC Entertainment Holdings AMC-N said on Wednesday it was no longer in talks to acquire some theatres owned by now bankrupt Cineworld Group following initial discussions with some lenders.

AMC said the earlier talks were focused on the acquisition of certain theatre assets of Cineworld in the United States and Europe, which would be financed partly through issuance of its preferred stock and debt financing provided by the lenders.

AMC in August announced its preferred share APE as a special dividend for shareholders and a means to raise capital in the future. The company listed these shares in New York under the ticker ‘APE’.

Shares of AMC rose nearly 2 per cent in trading before the bell, while its preferred shares were up more than 3 per cent. Cineworld shares fell 5 per cent.

During the discussions, AMC said Cineworld did not provide any confidential or nonpublic information, analyzes, compilations, forecasts, among other documents to the lenders.

AMC added that a definitive deal had not been reached related to any proposal to the debtors in the Cineworld cases and there was no assurance that it would resume talks.

Cineworld did not immediately respond to a Reuters request for comment.

Cineworld, the world’s second-largest cinema chain operator, in October announced a bankruptcy settlement with its landlords and lenders, clearing the way for the company to borrow funds and make a $1-billion debt repayment.

The company had agreed to explore a sale of the business and allow creditor input on its business plan as part of its bankruptcy settlement.

With the cinema industry struggling to recover from the pandemic, Cineworld in September, forecasted admissions would remain below pre-pandemic levels in the next two years.

https://www.tausiinsider.com/amc-abandons-talks-to-acquire-some-theatres-owned-by-bankrupt-cineworld/?feed_id=327260&_unique_id=64131f1758432

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