Original Message

The ELT used to be people who worked their way up through the ranks, so they at least understood the industry.  Now they're just a bunch of professional suits who are good at making themselves appear to be productive.

AMC is also heavy with middle management, there's a lot of fat that could be trimmed off.

I don't think they'll find a buyer at today's interest rates.  The VCs like to finance deals like this, they don't want to use their own capital.