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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 4, 1995
CARMIKE CINEMAS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-14993 58-1469127
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1301 First Avenue, Columbus, Georgia 31901
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 706-576-3400
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Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5 Other Events
On January 4, 1995, Carmike Cinemas, Inc. (the "Company")
announced that it signed a letter of intent to acquire a total of 78 screens in
Georgia and Florida from Floyd Theatres, Inc., a subsidiary of MasTec, Inc.
The proposed acquisition is expected to be completed in February 1995. The
information contained in such press release is hereby incorporated by reference
into this Report.
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ITEM 7 Financial Statements and Exhibits
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(c) Exhibits
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99 Press Release of the Company dated January 4, 1995, regarding entry
into the above-referenced letter of intent.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
under-signed hereunto duly authorized.
Carmike Cinemas, Inc.
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Registrant
BY: John O. Barwick, III
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John O. Barwick, III
Vice President-Finance and
Chief Financial Officer
Dated: January 9, 1995
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EXHIBIT INDEX
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Exhibit
Number Description
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99 Press Release of Carmike Cinemas, Inc. dated January 4, 1995.
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Carmike Cinemas
PRESS RELEASE
FOR IMMEDIATE RELEASE
January 4, 1995
CONTACT: John O. Barwick, III
Vice President - Finance
(706) 576-3400
Janice J. Kuntz
A. Brown-Olmstead Associates
(404) 659-0919
CARMIKE CINEMAS SIGNS LETTER OF INTENT TO ACQUIRE
78 SCREENS IN GEORGIA AND FLORIDA
COLUMBUS, Georgia -- Carmike Cinemas (NYSE: CKE) today announced that it has
signed a letter of intent to acquire a total of 78 screens from Floyd Theatres,
Inc., a subsidiary of MasTec, Inc. (NASDAQ: MASX). The proposed acquisition
will be a cash transaction and is expected to be completed in February.
Management noted that 15 of the screens to be acquired are located in southern
Georgia, and the remaining 63 screens are primarily in central Florida. Upon
completion of the acquisition, Carmike Cinemas will operate a total of 2,007
screens in 31 states.
Commenting on the announcement, Michael W. Patrick, president and chief
executive officer, stated, "We continue to pursue complementary acquisitions in
new and contiguous markets. The addition of the theatres will assist Carmike
in further solidifying its dominant position as one of the largest motion
picture exhibitors in the United States."
Carmike Cinemas, Inc. is the second largest motion picture exhibitor in the
United States in terms of number of theatres and screens operated. The Company
currently operates 445 theatres with an aggregate of 1,929 screens located in 31
states.
