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Image Entertainment, Inc., a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that its pending acquisition by BTP Acquisition Company, LLC did not close today; however, representatives of the parties met today to discuss the status of the transaction and determined it was in the parties’ best interests to extend the outside closing date under the Merger Agreement for a limited time to allow for further discussions. Today’s discussions were reviewed at a meeting of the Board of Directors of Image held in the afternoon of February 1, 2008. The Image Board meeting was recessed until Tuesday, February 5, 2008, at which meeting the Board hopes to determine the final status of the merger transaction.
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Reason #17 Why Readers Love Widescreen Review:
I read this bad-ass magazine for its tight reference systems and for helping me set up my Monster HTPS 7000 Home Theatre Power Source. It also helps me set up my Hitachi Ultra Vision LCD TV. I also read it for the DVD reviews, along with the DVD drop dates. I also read it so I can daydream about actually owning something in this magazine, including that Monster HTPS 7000. I have a Bose system, but I'm ready to step it up. - Stephen Bagwell
