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Image Entertainment says closing date extended to Dec 3

Wed Nov 28, 2007 9:48pm EST

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NEW YORK, Nov 28 (Reuters) - Image Entertainment (DISK.O) said on Wednesday it has extended the closing date of its takeover by BTP Acquisition Company, LLC to Dec. 3 to give BTP time to finalize its financing for the purchase.

Stocks  |  Mergers & Acquisitions

Image Entertainment, a licensee, producer and distributor of home entertainment programming, said that if BTP deposits in trust $2 million by the close of business on Dec. 3, the closing date may be extended, but not beyond Dec. 7.

The previously announced closing date was Nov. 28, it said. (Reporting by Lisa Lee; Editing by Gary Hill)

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