While rising content costs have kept some media companies from raising their bottom lines, movie theaters seem to be navigating the waters well. One regional theater chain knee-deep in its ...
In a billion-dollar deal, AMC Theatres has acquired Carmike Cinemas to become the largest movie theater chain in the world. The transaction is valued at approximately $1.1 billion, including the ...
AMC Theatres has upped its offer for competitor Carmike. Carmike shareholders now have the option to receive either $33.06 in cash — a 32 percent premium over the company’s March 3 close price — or ...
AMC Entertainment Holdings Inc., based in Leawood but owned by a Chinese company, announced Thursday night that it has agreed to purchase Carmike Cinemas Inc. for $1.1 billion. The deal would ...
Carmike’s largest shareholder continued today to rally fellow investors to oppose its $1.1 billion (including debt) sale to AMC Entertainment. Mittleman Bros. Managing Partner Chris Mittleman charged ...
AMC Entertainment said its $1.1 billion deal to buy rival chain Carmike Cinemas still makes sense. Mark Davis mdavis@kcstar.com AMC Entertainment’s $1.1 billion purchase of rival Carmike Cinemas is ...
The companies had previously agreed to a $1.1 billion deal that drew opposition from some shareholders. By Georg Szalai Global Business Editor Carmike Cinemas said Monday that it has entered into an ...
Carmike Cinemas Inc. (CKEC) was leading the bulls in Friday morning’s regular trading session on news of an acquisition. AMC Entertainment Holdings Inc. (AMC) announced that it entered into a ...
AMC Entertainment has won approval from the U.S. Department of Justice to buy Carmike Cinemas for $1.2 billion, clearing the way for an acquisition that will create the biggest U.S. movie theater ...
In a surprise move, longtime Carmike Cinemas president and CEO Michael Patrick has left the company, with a newly created office of the chairman running the exhibitor until a new CEO is named. By ...
In another case of a smaller exhibitor calling foul against one of the country's top theater circuits, Portland, Ore.-based Wallace Theaters and its Hollywood Theaters subsidiary have filed suit… By ...
Carmike Cinemas Inc., the nation’s fourth largest theater chain, is getting bigger. The Columbus, Ga.-based chain said it had signed a deal with Digital Cinema Destinations Corp. of Westfield, N.J., ...