A Cumming movie theater likely will soon have new owners.
Carmike Cinemas Inc. announced this week that officials have signed a letter of intent to acquire MNM Theatres.
Headquartered in Duluth, MNM Theatres owns Movies 400 in Cumming, as well as two other theaters in Hiram and Atlanta.
According to a news release from Carmike, the purchase should be complete by late fall.
Following the transaction, Columbus-based Carmike would have 25 complexes in Georgia.
Just six of MNM’s 40 screens, including two at the Cumming location, are digitized and 3-D capable.
Carmike plans to convert the remaining 34 screen to digital cinema capabilities and install additional 3-D screens.
Aside from the screen changes, movie-goers shouldn’t notice any other differences after the acquisition.
"We’re not anticipating any changes with staffing, pricing or concessions at this time," said Rob Rinderman, a spokesman for Carmike.
Representatives of Movies 400, which is at Buford Dam Road and Hwy. 9, could not be reached for comment.
Carmike officials noted that Norman Shindler, chief executive officer of MNM, will continue to be involved in operations of the three theaters for a period of at least three years following the acquisition.
"We are very pleased to join Carmike Cinemas, as we share a similar operating philosophy centrally focused on serving theater-going patrons," Shindler said in a statement.
"I am certain MNM’s loyal customers will be delighted to share in the benefit from Carmike’s position as a pioneering leader in digital and 3-D cinema."
In a statement, Carmike Cinemas president and CEO David Passman welcomed MNM Theatres, saying it "provides the same small-town, customer-focused experience that Carmike patrons have come to enjoy."
"We expect Carmike to benefit immensely from Mr. Shindler’s continual involvement and welcome him and his team to the Carmike family," Passman said.