It's Curtains For the AMC Grand 24
I've left messages for, among others, John Weis, head of investor relations at EPT, to see what'll become of the property. I'll update if and when we get calls back. AMC officials also aren't available. Instead, all we have are the statements of AMC execs who say they're real, real sad to go, but, eff it, that's showbiz:
"It's disappointing that we have not come to terms on a historical, and to us, a somewhat sentimental property," said Gerry Lopez, AMC's chief executive officer and president. "But in our opinion, the proposal advanced by EPT is simply untenable. We continue to negotiate with EPT on several other properties and will see where those discussions take us."
"Throughout the past 15 years at AMC The Grand 24, we made history and developed many friends in the community," said Mark McDonald, AMC's executive vice president of global development. "We will miss them."