Less than two years ago, Lionsgate reached a settlement with Carl Icahn that called for the billionaire investor to cash out his 33% stake for $309 million, essentially breaking even on a three-year…
After years of wrangling, Lionsgate and Carl Icahn have reached a peace accord, with the billionaire investor selling his 33% stake in the company.
It looks like Carl Icahn's long saga with Blockbuster will continue as the billionaire investor will all but certainly bid for the beleaguered video chain, which is likely to be put up for sale in an…
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
The cost of Carl keeps mounting at Lionsgate Entertainment.
The prolonged and bizarre battle between Lionsgate and Carl Icahn has escalated as the mini-major slammed the billionaire with accusations of duplicity in trying to take over MGM.
Deconstructed zombie drama/puberty pic manages to feel head-scratchingly unique.
As Carl Icahn's stake in Lionsgate balloons to nearly 40%, bizzers and Wall Streeters are perplexed about the maverick investor's next move and what the ongoing drama means for the company.
When Carl Icahn bumped up his investment in Lionsgate to 9% in October 2008, Lionsgate spokesman Peter Wilkes told a reporter, "We welcome his input, which is always very perceptive. He has a great…