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Image Entertainment Terminates Merger Agreement with BTP Acquisition Company and Demands Prompt Payment of $4.2 Million Business Interruption Fee

Amends Shareholder Rights Plan
Image Entertainment, Inc. (NASDAQ:DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that it has delivered a notice of termination of its June 27, 2007 amended and restated merger agreement to BTP Acquisition Company, LLC, an affiliate of David Bergstein, and demanded the [...]

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Image Entertainment Announces Short-Term Extension of the Outside Merger Closing Date Allowing Parties to Continue Discussions Related to the Transaction

Image Entertainment, Inc. (NASDAQ: DISK), 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’ [...]

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