Carmike postponed their shareholder vote on the AMC acquisition at a price of $ 30 per share.
CKEC 2 largest shareholders who own approx 20 % of the stock say the price is too low......
Could the next $ 33.50 per share offered, buy Carmike and its 2950 movie screens...?????
Word has it that AMC + CKEC might not get US anti-trust approval.........is the US govt wanting
to see another movie competitor enter the marketplace as CKEC is removed...???
......could Cinemark offer to buy a portion of the Carmike screens that fits its geo-footprint
and then defer to a private equity firm that would buy the rest of the Carmike screens...??
could Cinemark end up owning approx 500 to 1000 of Carmike ''best fit'' screens to add to
its current US locations....???......for a $ 33.50 per share offer, for only the screens it really wants.
500 to 1000 added selected screen in good strategic locations for Cinemark seems like a GREAT
IDEA for CNK if our CEO is aggressive to growth the US footprint and add profits quickly.
Hope to see CNK active in this process soon.
I have to admit I was a little surprised by the great earnings report.
I was actually expecting an earnings miss. So many people, for so many years have been negative on the stock saying nobody goes to the movies anymore, people watch movies at home, or on their computer, or on their phones.
All that may be true, but apparently a lot of people still like going to an actual theater.