Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Carmike Cinemas Launches Public Offering Of 4 Mln Shares

RELATED NEWS
Trade CKEC now with 

Carmike Cinemas, Inc. (CKEC: Quote) said Wednesday that it has commenced an underwritten public offering of 4 million shares of its common stock.

In addition, the company expects to grant the underwriters a 30-day option to purchase up to an additional 600,000shares of common stock, on the same terms and conditions, to cover over-allotments, if any. Carmike said it plans to use the net proceeds from the offering for general corporate purposes.

Macquarie Capital is acting as the sole book-running manager for the offering.

Click here to receive FREE breaking news email alerts for Carmike Cinemas Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Republican Rep. Cory Gardner, R-Col., has expanded his lead over incumbent Sen. Mark Udall, D-Col., in the closely watched Colorado Senate race, according to the results of a Quinnipiac University poll released on Thursday. Stocks have fluctuated over the course of the trading day on Thursday, as traders continue to digest yesterday's monetary policy announcement from the Federal Reserve as well as better than expected third quarter GDP data. Hundreds of protesters stormed Burkina Faso's parliament on Thursday and set fire to the building, preventing the lawmakers from considering a bill to extend the president's 27-year rule. Security forces opened fire on protesters, as they looted computers and televisions in the National Assembly, news agencies reported. The angry crowd then marched towards the President's office, before they were
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.