AMC Entertainment Holdings, Inc. (NYSE:AMC) is looking for acquisitions. Adam Aron, Chairman and Chief Executive Officer, said "Recently, just in the last year, we bought about 1/3 of the ArcLight Pacific circuit, which did not reopen after the COVID pandemic. And that's going very well so far.

The Grove and the Americana theaters in L.A., for example, are already 2 of the 30 most -- the highest grossing movie theaters in the entire United States under our management. We just bought 5 -- 6 of the Bow Tie Cinema circuit in the Northeast. And that allowed us to double our presence in the state of Connecticut, which is a major bedroom community to New York City, where we have a significant market share.

And already, the theaters in our Bow Tie acquisition are performing about 20% better ahead of the projections we made in our modeling when we went forward with that acquisition. So we know we're doing with acquisitions. We're good at it.

And now that we have a new preferred stock currency at our disposal, we'll keep our eyes open on acquisition opportunities as well".