trending Market Intelligence /marketintelligence/en/news-insights/trending/l8f1sepfar_ourpr4o1fxa2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

RLJ forms special committee to consider AMC offer

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

TMT Digital Newsletter: May 2021

Blog

Fintech Intelligence Digital Newsletter: May 2021

Blog

Ten years of NewSQL: Back to the future of distributed relational databases


RLJ forms special committee to consider AMC offer

RLJ Entertainment Inc.'s board formed a special committee of independent directors to consider a proposal from AMC Networks Inc. to acquire all outstanding shares of the company's common stock not currently owned by AMC or entities affiliated with Robert Johnson, chairman of RLJ's board.

The special committee will evaluate and respond to the proposed transaction, the company said Feb. 27. The special committee, comprising RLJ directors Andor Laszlo and Scott Royster, is in the process of engaging an independent legal adviser and an independent financial adviser to assist in its review of the proposed transaction.

AMC Networks offered to buy the outstanding shares of RLJ not currently owned by AMC Networks or entities affiliated with Johnson for a purchase price of $4.25 per share in cash.