An In-Depth Interview With AMC Entertainment Chairman & CEO Adam Aron - and a Railroad Bidding War Intensifies as CP Sweetens Its Offer for Kansas City Southern

Jim Cramer and David Faber led off the show by highlighting one of the day's biggest gainers: AMC Entertainment posting better-than-expected quarterly results as moviegoers returned to its theaters. The company also announcing plans to accept payments in bitcoin by the end of the year, plus a deal with Warner Bros. to show the studio's 2022 movie slate in theaters for 45 days. Jim and David discussed those issues and more in a wide-ranging interview with AMC Entertainment Chairman & CEO Adam Aron, who also weighed in on his company's valuation in wake of the meme stock frenzy: Shares of AMC up more than 1500-percent this year alone. The anchors also explored new developments in a railroad bidding war: Canadian Pacific confirming a new takeover offer for Kansas City Southern -- a cash and stock bid valued at $300 per share or $27-billion excluding debt that CP believes to be "superior" to the merger deal Canadian National Railway struck with KCS earlier this year. CN responded by calling the new CP offer "inferior". Also in focus: Countdown to the U.S. Senate vote on the bipartisan $1T infrastructure bill, consumer investment plays from big tech to retail, and Moderna's march toward a $200B market value. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.