Billionaire Mark Cuban Discloses 9.4% Stake in Carmike Cinemas (CKEC)
Tweet
Share
E-mail
Get Alerts CKEC Hot Sheet
Join SI Premium – FREE
Billionaire Mark Cuban disclosed a 9.4%, or 1,200,000 share, stake in Carmike Cinemas, Inc. (Nasdaq: CKEC). Cuban did not hold a prior stake in the company.
Curban disclosed that he paid $2,758,376 for the shares, or about $2.30 per share. Purchases were made from October through December. Shares of Carmike Cinemas closed at $2.03 on Friday.
Cuban acquired the shares of Common Stock for investment purposes. He also said he may engage in communications from time to time with one or more stockholders, officers or directors.
Carmike Cinemas, Inc. operates as a motion picture exhibitor in the United States. It shows films on a first-run basis, as well as operates discount theatres.
Curban disclosed that he paid $2,758,376 for the shares, or about $2.30 per share. Purchases were made from October through December. Shares of Carmike Cinemas closed at $2.03 on Friday.
Cuban acquired the shares of Common Stock for investment purposes. He also said he may engage in communications from time to time with one or more stockholders, officers or directors.
Carmike Cinemas, Inc. operates as a motion picture exhibitor in the United States. It shows films on a first-run basis, as well as operates discount theatres.
You May Also Be Interested In
- Marriott Vacations Worldwide (VAC) ticks higher on new activist investor
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
Create E-mail Alert Related Categories
13Ds, Insiders' BlogRelated Entities
Mark CubanSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
