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Morning Movers 4/7: DISK, LNC, EAT, GGP Higher; CHTT, FARO, ADM, ISRG Lower

 Apr 07, 2009 01:22 PM UTC
Return Risk
+9.67% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
DISK n/a

Graphic_arrow1 Via StreetInsider.com News Articles:  

Image Entertainment, Inc. (NASDAQ: DISK) 39.3% HIGHER; announced that representatives of Image Entertainment and Nyx Acquisitions, Inc., an affiliate of Q-Black, LLC, agreed in principle to a third amendment to the amended merger agreement. Under the latest amendment, Image will receive a $1 million payment into its operating account on April 7, 2009 from Nyx. The $1 million payment will not form part of the merger consideration, and will be immediately available to Image. Nyx will not receive any capital securities or debt obligation from Image for the $1 million payment. Under the merger agreement as previously amended, Nyx


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