Friday, March 4, 2016

Faruqi & Faruqi Investigation: Carmike Cinemas Inc.


Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Carmike Cinemas Inc. (“Carmike Cinemas” or the “Company”) (NasdaqGS:CKEC) for potential breaches of fiduciary duties in connection with the sale of the Company to AMC Entertainment Holdings, Inc. for approximately $1.1 billion in an all-cash transaction. 
The Company’s stockholders will only receive $30.00 for each share of Company common stock they own. However, this consideration is below at least one analyst’s price target of $36.00 per share and Carmike Cinemas’ 52-week high of $34.94 per share.
If you own common stock in Carmike Cinemas and wish to obtain additional information and protect your investments free of charge, please contact Faruqi & Faruqi's Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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