King & Spalding Advised Carmike Cinemas in Its Merger with AMC Entertainment Valued at Approximately $1.1 Billion

King & Spalding advised Carmike Cinemas, Inc., as it completed its sale transaction to AMC Entertainment Holdings, Inc. in an all cash merger valued at approximately $1.1 billion, including the assumption of Carmike net indebtedness. Columbus, GA-based Carmike (www.carmike.com), America’s hometown theatre circuit, has 2,954 screens, primarily located in mid-size, non-urban communities.