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Nyx Fails to Notify Image Entertainment of Extension to Merger Closing Date

Image Entertainment, Inc. (NASDAQ: DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that Nyx Acquisitions, Inc., an affiliate of Q-Black, LLC, did not inform the company of its intent to extend the merger closing date from April 20, 2009, to May 4, 2009, as permitted under [...]

Image Entertainment Continues Negotiations with Nyx Regarding Closing Date Extension

Nyx Delivers Financing Update and Asserts Confidence In Its Ability to Close
Image Entertainment, Inc. (NASDAQ: DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that on Friday, March 20, 2009, Nyx Acquisitions, Inc. updated Image Entertainment regarding Nyx’s financing sources in connection with the proposed merger. [...]

Image Entertainment Receives Additional $200,000 from Nyx Acquisitions

Total Deposit from Nyx for Business Interruption Fee Reaches $2.3 million; Nyx Cures Breach of Amended Merger Agreement
Image Entertainment, Inc. (NASDAQ: DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that Nyx Acquisitions delivered the remaining $200,000 to a trust account for the benefit of Image [...]

Image Entertainment and Nyx Agree to Extend Merger Closing Date

Amendment to Merger Agreement Includes, Among Other Things, a $500,000 Addition to Business Interruption Fee in Exchange for March 20, 2009 Closing Date
Image Entertainment, Inc. (NASDAQ: DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that it has amended the merger agreement previously entered into with [...]

Image Entertainment Declares Nyx Acquisitions in Breach of Merger Agreement

The Company is Evaluating All Options and Remedies, Including Termination of the Merger Agreement
Image Entertainment, Inc. (NASDAQ:DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced today that it notified Nyx Acquisitions, Inc., an affiliate of Q-Black, LLC and Joe Q. Bretz, that Nyx is in breach of [...]

Image Entertainment Signs Definitive Merger Agreement to Sell Company for Approximately $100 Million

Stockholders to Receive $2.75 per Share in Cash
Image to Operate as Private Entity
Image Entertainment, Inc. (NASDAQ:DISK), a leading independent licensee, producer and distributor of entertainment programming in North America, announced today that it has entered into a definitive merger agreement with Nyx Acquisitions, Inc. to sell Image in a transaction valued at approximately [...]

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