Summit Entertainment and Lionsgate have agreed to walk down the aisle, combining the town's leading minimajors in a complex cash and stock deal worth $412.5 million.
Lionsgate has named investor Mark Rachesky , who owns 37 percent of the mini-major -- as co-chairman of the board.
Charlie Sheen has cut a deal with Lionsgate to star in a sitcom based on the 2003 feature ''Anger Management.''
2016-2017 Oscar Predictions
Lionsgate management has set its 12-member slate for the showdown with Carl Icahn on Dec. 14.
Lionsgate's facing a major distraction to its operations as Carl Icahn becomes the largest Lionsgate shareholder.
Carl Ichan's blistered the management of Lionsgate and officially notified the minimajor that he'll launch a proxy fight to take over the board of directors.