CKECCummins Komatsu Engine Company (Seymour, IN)
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(NASDAQ: CKEC) have approved the company's agreement to merge with and into AMC Theatres (NYSE: AMC) in a cash and stock deal worth USD 1.2bn, the company said.
(NASDAQ: CKEC), in which Driehaus holds a significant stake, the firm said.
(NASDAQ: CKEC) has entered into an amended and resaid merger agreement with AMC Theatres (NYSE: AMC) under which AMC will acquire all outstanding shares of Carmike in cash and stock, the company said.
(NASDAQ: CKEC) despite having just agreed to buy London-based Odeon and UCI Cinemas Group, the company said.
(NASDAQ: CKEC) has adjourned a special meeting of shareholders until 15 June at the request of AMC Theatres (NYSE: AMC), which has agreed to buy the company, Carmike said.
(NASDAQ: CKEC) has reiterated the unanimous recommendation of its board of directors that stockholders vote FOR the proposed merger agreement with US-based cinema operator AMC Theatres (NYSE: AMC) despite recommendations from proxy advisors Institutional Shareholder Services and Glass Lewis that Carmike shareholders vote against the deal, the company said on Monday.