The movie theater chain is consolidating their stocks in an unusual move that could dilute value but help with raising revenue. Plus, semiconductor chips.
Intel recently scrapped a $5 billion deal to buy an Israeli semiconductor manufacturer — primarily because China dragged its feet on giving the regulatory green light for the deal.
The theater chain has been issuing stock to help it pay down debt, after struggling with declining movie ticket sales. But now, it wants to streamline the type of stock it offers.
Apple
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