Image Entertainment Inc. shareholders approved an agreement resulting in a buy out by a private investment firm. Chatsworth-based Image, an independent licensee, producer and distributor of home entertainment programming, will remain a publicly held company following the close of the acquisition by BTP Acquisition Co. LLC. Under the terms of the deal approved on Oct. 22, Image shareholders will receive $4.68 per share in cash. “We believe the stockholder approval clearly demonstrates the recognition of the benefits of this merger,” Image President, Chairman and CEO Martin Greenwald said.