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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Carmike Cinemas Inc (NASDAQ: CKEC) acted responsibly on behalf of investors’ profitability in the planned $1.1 billion sale to AMC Entertainment Holdings Inc (NYSE: AMC).
On March 3, 2016, Carmike Cinemas Inc (NASDAQ: CKEC) and AMC Entertainment Holdings Inc (NYSE: AMC) announced that they had entered into a merger agreement. Under the terms of the merger agreement, AMC Entertainment Holdings will offer Carmike Cinemas shareholders $30.00 per share in cash for all outstanding shares.
Based in Columbus, Georgia, Carmike Cinemas Inc operates as a motion picture exhibitor in the United States.
The investigation is looking to uncover whether Carmike Cinemas Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $33.00 per share.
If you purchased Carmike Cinemas Inc (NASDAQ: CKEC) prior to March 3, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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