Carmike's Biggest Shareholder Opposes AMC Buyout

The Middle Men Brothers, owning 7.1% of Carmike, oppose AMC's offer, deeming it too low and seeking $40 per share instead of $30. Analysts agree the offer undervalues Carmike, but no higher bids have emerged. The market is closely watching, with stock prices slightly down and analysts adjusting forecasts due to regulatory concerns. The Department of Justice may require divestments, adding risk. While Middle Men Brothers' opposition could block the deal, it's unlikely without majority support. The situation could attract another bidder, impacting the theater industry.

What percentage of Carmike do the Middle Men brothers own?

• 12.1%

• 5.1%

• 7.1%

• 10.1%

What is the price per share offered by AMC that the Middle Men brothers find unacceptable?

• $50

• $20

• $40

• $30

How did the market react to AMC's offer for Carmike?

• The stock prices increased significantly.

• The stock prices remained stable.

• The stock prices slightly declined.

• The stock prices doubled.

What regulatory body is expected to review the AMC and Carmike deal?

• Federal Trade Commission

• Federal Communications Commission

• Securities and Exchange Commission

• Department of Justice

What could potentially happen if the Middle Men brothers gain enough support against the AMC deal?

• The deal could be postponed indefinitely.

• The deal could be blocked.

• The deal could be ignored.

• The deal could be expedited.