A Last Minute Renegotiation
Just as AMC Theatres was preparing for a $1.1 billion stock and cash acquisition of Carmike Cinemas, executives at both companies walked away from the deal on the eve of signing. When a new AMC CEO arrived nine months later, the company chose to pursue the acquisition again—only with renegotiated terms and a new price to satisfy key shareholders. Kirstin managed a complex renegotiation at the eleventh hour, and the acquisition went ahead.
A Rapid, Key Acquistion
After putting down $1 million in earnest money, a group of investors preparing to make a major acquisition from a public company found that they didn’t have the appropriate financing to complete the deal. Kirstin’s client hoped to step into their place. It was an opportunity to acquire two platform companies, but the client would have to execute the deal, including full diligence on financing, within a two-week period. Kirstin quickly put together a skilled team of Husch Blackwell professionals to manage the deal and served as lead transaction counsel, ensuring that the client was able to make an acquisition that proved key in building their organization.