NOV. 6 | Image Entertainment and BTP Acquisition Company have extended the closing date on the companies’ merger to allow time for Image to file its 10-Q financial statement.
BTP’s acquisition of Image will close no later than two business days after Image’s expected Nov. 13 filing of its 10-Q with the Securities and Exchange Commission. The 10-Q covers Image’s recent financial quarter ended Sept. 30.
Under previous terms, the acquisition was originally scheduled to close no later than Nov. 6, unless the companies agreed to make changes.
All other merger terms remain unchanged.
Image’s board of directors overwhelmingly approved the BTP Acquisition last month.
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