Silver Lake Partners Soured AMC Investment Saved by Wallstreetbets Reddit Traders
Posted on 01/30/2021
Buyout firm Silver Lake Partners cashed out of its position in AMC Entertainment Holdings (ticker: AMC) for US$ 713 million this week. These moves are linked to traders and investors from reddit forum Wallstreetbets (WSB). The exit trade puts Silver Lake and its co-investors in the black following a US$ 600 million convertible bond investment […]