Are Lionsgate and Summit doing a mating dance again?
Lionsgate Mgm Merger
Carl Icahn's extended his tender offer to buy more Lionsgate stock for another 10 days to Nov. 1.
MGM's debtholders will have another week to consider a bankruptcy plan that would leave Spyglass Entertainmemt toppers in charge -- a sign that a rival merger proposal from Lionsgate may have gained…
Lionsgate's dialing up a campaign to persuade MGM's debtholders to choose its merger proposal rather than a rival reorganization plan that would leave Spyglass Entertainment toppers in charge.
A temporary truce in the bitter battle between Lionsgate and Carl Icahn will transform the two adversaries into potential dealmakers beginning this week.
Lionsgate and Carl Icahn are taking a 10-day truce in their bitter battle for control of the minimajor so that Lionsgate can pursue mergers and acquisitions.
Lionsgate has re-entered the mix of possible partners for beleaguered MGM.
2016-2017 Oscar Predictions
- Oscars: With Historic ‘Moonlight’ Win, the Academy Embraces Empathy Over Escapism
- Oscar-Winner Casey Affleck Calls Denzel Washington ‘One of the First People Who Taught Me How to Act’
- Epic Oscars Mistake: Faye Dunaway, Warren Beatty Announce Wrong Best Picture Winner
- ‘La La Land’ Makes Damien Chazelle Youngest Best Director Winner in Oscars History