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A year after acquiring Sundance Cinemas, Carmike is amping up its marketing efforts for the arthouse chain with a new brand strategy, Variety has learned exclusively. The effort aims to heighten ...
Carmike Cinemas, Inc. is a U.S. leader in digital cinema, 3-D cinema deployments and alternative programming and is one of the nation's largest motion picture exhibitors.
AMC Theatres, which had previously agreed to acquire Carmike Cinemas for $1.1 billion, has sweetened its offer by 10% to $1.2 billion after Carmike shareholders opposed the low pricetag.
Carmike Cinemas shareholders on Tuesday approved a plan to sell the company to AMC Entertainment for $1.2 billion, including debt, making the Chinese-owned theater chain the largest in the country.
Carmike Cinemas, Inc., the country's fourth largest theater chain, said it would issue 4.5 million shares of its common stock as part of a plan to expand nationwide.
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