Billionaire investor buys stake in Carmike Cinemas
NEW YORK — Mark Cuban , the billionaire owner of the Dallas Mavericks basketball team and co-owner of the Landmark Theaters cinema chain, has acquired a 9.4 percent stake in Carmike Cinemas Inc. , according to a regulatory filing Monday.
In the Securities and Exchange Commission filing, Cuban reported buying 1.2 million Carmike shares on the open market for roughly $2.8 million of his own funds. According...
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