M&A Deal Summary

AMC Acquires Carmike Cinemas

On March 3, 2016, AMC acquired media company Carmike Cinemas for 1.1B USD

Acquisition Highlights
  • This is AMC’s 1st transaction in the Media sector.
  • This is AMC’s 2nd largest (disclosed) transaction.
  • This is AMC’s 4th transaction in the United States.
  • This is AMC’s 1st transaction in Georgia.

M&A Deal Summary
Date 2016-03-03
Target Carmike Cinemas
Sector Media
Buyer(s) AMC
Deal Type Add-on Acquisition
Deal Value 1.1B USD
Advisor(s) J.P. Morgan Securities (Financial)
King & Spalding (Legal)

Target

Carmike Cinemas

Columbus, Georgia, United States
Carmike Cinemas, Inc. is a digital cinema and 3D cinema deployments and motion picture exhibitors. Carmike has 276 theatres with 2,954 screens in 41 states. The circuit includes 55 premium large format (PLF) auditoriums featuring state-of-the-art technology and luxurious seating, including 32 "BigDs," 21 IMAX auditoriums and two MuviXL screens.

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Buyer(S) 1

Buyer

AMC

Leawood, Kansas, United States
Category Company
Founded 1920
Sector Media
Employees2,881
Revenue 4.8B USD (2023)
DESCRIPTION

AMC is a theatrical exhibition company. The Company operates more then 400 locations across North America and China. AMC was incorporated in 1920 and is based in Leawood, Kansas.

DEAL STATS #
Overall 4 of 7
Sector (Media) 1 of 3
Type (Add-on Acquisition) 3 of 6
State (Georgia) 1 of 1
Country (United States) 4 of 5
Year (2016) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-17 Starplex Cinemas

Dallas, Texas, United States

Starplex Cinemas is a theatrical exhibition company operating 33 theatres with 346 screens in 12 states.

Buy $175M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-12 ODEON Cinemas

London, United Kingdom

ODEON Cinemas Ltd. is a cinema operator with 242 cinemas and 2,236 screens. Odeon & UCI operates in four major markets: UK, Spain, Italy and Germany; and three smaller markets: Austria, Portugal and Ireland.

Buy £921M
Mergr

Product

Company

Legal