Image Entertainment Has Reverse Stock Split
- Share via
Image Entertainment, a Chatsworth distributor of laser disc recordings, said it has instituted a reverse stock split under which existing shareholders will receive one share of stock for every 14 6/7 shares they own. The company said the reverse split would facilitate Image’s application for its stock to be listed on the NASDAQ national market system.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
