Login

AMC, Carmike Sell 16 Movie Theaters to Beekman Investment Partners

Deal Part of Settlement to Win Regulatory Approval to Acquire Carmike Cinema; but Video-on-Demand May Pose Bigger Long-Term Threat to Ticket Sales
CoStar News
April 14, 2017 | 12:29 P.M.

Beekman Investment Partners III LP acquired 16 movie theaters with 184 screens from Chinese-owned AMC Entertainment Holdings Inc. (NYSE: AMC) and Carmike Cinemas. The deal is part of the settlement agreement with the US Justice Dept. to allow AMC to acquire Carmike as part of a planned $1.2 billion merger.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | AMC, Carmike Sell 16 Movie Theaters to Beekman Investment Partners