New York, March 04, 2016 -- Moody's Investors Service placed Carmike Cinemas, Inc. (Carmike or the company) B2 Corporate Family Rating (CFR), Ba2 senior secured credit facility, and B1 senior secured second lien notes on review for upgrade. The review is prompted by AMC Entertainment Inc.'s (AMC, B1 stable) announcement, on March 3, 2015, that they had entered into a definitive merger agreement to acquire Carmike for $1.1 billion, including the assumption of debt.
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