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Carmike Buys Sundance Cinemas for $36M

Carmike has agreed to pay $36 million for Sundance Cinemas’s 37 screens. When the deal closes, Carmike will have 274 theaters with 2,909 screens. Carmike says the deal will add $24 million to its annual revenues. http://deadline.com/2015/10/carmike-buys-sundance-cinemas-1201568351/ #EntertainmentBiz

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