AMC Entertainment Holdings, Inc. to Host Conference Call to Discuss the Department of Justice Approval of the Carmike Cinemas...
2016年12月21日 - 1:26AM
ビジネスワイヤ(英語)
AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced
that it will host a conference call today to discuss the Department
of Justice (“DOJ”) approval of the Carmike Cinemas, Inc. (NASDAQ:
CKEC) (“Carmike”) acquisition. The DOJ approval was the final
regulatory hurdle AMC needed to clear in order to complete the
transaction to acquire Carmike. AMC expects to complete the
transaction expeditiously.
AMC’s management team will host a conference call to discuss the
DOJ approval at 12:15 PM CT/1:15 PM ET later today. Investors and
interested parties who would like to listen to the conference call
should dial +1-877-407-3982 (in the U.S.) and +1-201-493-6780
(outside the U.S.). The number should be dialed at least 10 minutes
prior to the start of the conference call.
The conference call will also be accessible as an audio webcast
on the internet. To listen to the conference call via the internet,
please visit the investor relations section of the AMC website at
www.investor.amctheatres.com for a link to the webcast. Investors
and interested parties should go to the website at least 15 minutes
prior to the call to register, and/or download and install any
necessary audio software.
About AMC Theatres
Not yet factoring in the Carmike acquisition, AMC is the largest
movie exhibition company in the world and the guest experience
leader with approximately 636 theatres and 7,623 screens worldwide,
including the largest cinema operator in Europe, ODEON Cinemas
Group. AMC has propelled innovation in the theatrical exhibition
industry and continues today by delivering more comfort and
convenience, enhanced food and beverages, greater engagement and
loyalty, premium large format experiences, and targeted
programming. AMC operates the most productive theatres in the
United States’ top markets, having the #1 or #2 market share
positions in 21 of the 25 largest metropolitan areas in the United
States, including the top three markets (NY, LA, Chicago). Through
its Odeon subsidiary, AMC is the largest theatre operator in
Europe, with movie theatres in seven European countries including
being the #1 theatrical exhibitor in the UK & Ireland, Italy
and Spain. For more information, please visit
www.amctheatres.com.
Website Information
This press release, along with other news about AMC, is
available at www.amctheatres.com. We routinely post
information that may be important to investors in the Investor
Relations section of our
website, www.investor.amctheatres.com. We use this website as
a means of disclosing material, non-public information and for
complying with our disclosure obligations under Regulation FD, and
we encourage investors to consult that section of our website
regularly for important information about AMC. The information
contained on, or that may be accessed through, our website is not
incorporated by reference into, and is not a part of, this
document. Investors interested in automatically receiving news and
information when posted to our website can also visit
www.investor.amctheatres.com to sign up for email Alerts.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
“forecast,” “plan,” “estimate,” “will,” “would,” “project,”
“maintain,” “intend,” “expect,” “anticipate,” “strategy,” “future,”
“likely,” “may,” “should,” “believe,” “continue,” and other similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. Similarly,
statements made herein and elsewhere regarding the pending
acquisition of Carmike Cinemas, Inc. (“Carmike”) and the completed
acquisition of Odeon and UCI Cinemas Holdings Limited (“Odeon,” and
collectively, the “acquisitions”) are also forward-looking
statements, including statements regarding the anticipated closing
date of the Carmike acquisition, the source and structure of
financing, management's statements about effect of the acquisitions
on AMC’s future business, operations and financial performance and
AMC’s ability to successfully integrate the acquisitions into its
operations. These forward-looking statements are based on
information available at the time the statements are made and/or
managements’ good faith belief as of that time with respect to
future events, and are subject to risks, trends, uncertainties and
other facts that could cause actual performance or results to
differ materially from those expressed in or suggested by the
forward-looking statements. These risks, trends, uncertainties and
facts include, but are not limited to, risks related to: the
parties’ ability to satisfy closing conditions in the anticipated
time frame or at all; any impact of the DOJ approval of the Carmike
transaction; the possibility that the Carmike acquisition does not
close, including in circumstances in which AMC would be obligated
to pay Carmike a termination fee or other damages or expenses;
related to financing the acquisitions, including AMC’s ability to
finance the acquisitions on acceptable terms; responses of activist
stockholders to the Carmike acquisition; AMC’s ability to realize
expected benefits and synergies from the acquisitions; AMC’s
effective implementation, and customer acceptance, of its two brand
strategy; disruption from the acquisitions making it more difficult
to maintain relationships with customers, employees or suppliers;
the diversion of management time on transaction-related issues; the
negative effects of this announcement or the consummation of the
proposed Carmike acquisition on the market price of AMC’s common
stock; unexpected costs, charges or expenses relating to the
acquisitions; unknown liabilities; litigation and/or regulatory
actions related to the acquisitions; AMC’s significant
indebtedness, including the indebtedness incurred to acquire Odeon
and Carmike; AMC’s ability to utilize net operating loss
carry-forwards to reduce future tax liability; continued
effectiveness of AMC’s strategic initiatives; the impact of
governmental regulation, including anti-trust investigations
concerning potentially anticompetitive conduct, including film
clearances and participation in certain joint ventures; operating a
business in markets AMC has limited experience with; the United
Kingdom’s exit from the European Union and other business effects,
including the effects of industry, market, economic, political or
regulatory conditions, future exchange or interest rates, changes
in tax laws, regulations, rates and policies; and risks, trends,
uncertainties and other facts discussed in the reports AMC and
Carmike have filed with the SEC. Should one or more of these risks,
trends, uncertainties or facts materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those indicated or anticipated by the forward-looking
statements contained herein. Accordingly, you are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date they are made. Forward-looking statements
should not be read as a guarantee of future performance or results,
and will not necessarily be accurate indications of the times at,
or by, which such performance or results will be achieved. For a
detailed discussion of risks, trends and uncertainties facing AMC,
see the section entitled “Risk Factors” in AMC’s Annual Report on
Form 10-K, filed with the SEC on March 8, 2016, and Forms 10-Q
filed August 1, 2016 and November 9, 2016, and the risks identified
in the Form 8-K filed October 24, 2016, and the risks, trends and
uncertainties identified in its other public filings. AMC does not
intend, and undertakes no duty, to update any information contained
herein to reflect future events or circumstances, except as
required by applicable law.
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version on businesswire.com: http://www.businesswire.com/news/home/20161220005750/en/
INVESTOR RELATIONS:AMC Entertainment Holdings, Inc.John
Merriwether,
866-248-3872InvestorRelations@amctheatres.comorMEDIA
CONTACT:AMC Entertainment Holdings, Inc.Ryan Noonan,
913-213-2183rnoonan@amctheatres.com
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