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National CineMedia announces acquisition of Screenvision


Monday, 5 May 2014 04:07pm EDT 

National CineMedia Inc:Enters into definitive merger agreement with Screenvision, for $375 mln of cash and stock on a debt free, cash free basis.Will pay Screenvision's owners a total purchase price of $225 mln in cash and $150 mln of the company's common stock.J.P Morgan as financial advisor and Sherman & Howard LLC and Dechert LLP as legal counsel.Moorgate Partners and GreenbergTraurig, LLP advised the Company's independent directors.Barclays is acting as exclusive financial advisor to Screenvision and legal counsel to Screenvision is Latham & Watkins LLP. 

Company Quote

15.35
0.14 +0.92%
12:59pm EDT