Connect macmini and imac with external displays

Can I connect all of the following together in some fashion:

2 Cinema HD Displays (DVI)

MacMini (2011)

iMac (2013)

I want to connect my MacMini and iMac together to use the Target Display mode. I also want to have external displays for both.

CinemaDisplay <---hdmi adapter---> MacMini <---thunderbolt---> iMac <---mini display port adapter---> CinemaDisplay

Will I be able to see 3 displays at once using the MacMini or iMac in Target Display mode?