As expected, AMC Entertainment Holdings, Inc. upped its offer to acquire Carmike Cinemas, Inc. on Monday morning. We predicted as much less than 24 hours before and were nearly spot on with the revised offer AMC would make for Carmike. If we weren’t so humble we’d have taken a page from the playbook of certain trade publications (specifically Deadline) and placed a “Toldja!” at the beginning of our headline.
Source: AMC Increases Carmike Acquisition Offer to $1.2 Billion Ahead of Shareholder Vote