Lionsgate has made it official, announcing that its board of directors has unanimously spurned the latest hostile takeover bid from Carl Icahn.
It's an even dozen for Tyler Perry and Lionsgate with the multi-hyphenate in preproduction on comedy "We The Peeples."
Carl Icahn has lost a round in his bitter battle with Lionsgate as regulators in British Columbia spurned his efforts to overturn the recent $100 million debt-to-equity swap that reduced the…
If Carl Icahn is serious about waging a proxy fight to install his own slate of directors at Lionsgate Entertainment, he has yet to reach out to some of his old entertainment friends to fill out the…
Breaking off their 10-day truce, Carl Icahn and Lionsgate returned to the battlefield with a flourish Tuesday as the billionaire investor launched a new hostile takeover and the minimajor made a bold…
Amping up the hostilities in its war with Carl Icahn, Lionsgate has managed to dilute the mogul's stake from 37.9% to 33.5% by swapping $100 million of the company's debt for stock.
Carl Icahn has gone back to the barricades with Lionsgate at the end of a 10-day truce with the minimajor and launched another hostile takeover bid.
The intertwined fates of Lionsgate and MGM may come into focus this week.
Shares of Lionsgate have taken a 4% hit after an analyst lowered his rating on the stock on concerns about the impact of a possible MGM-Lionsgate merger.
A temporary truce in the bitter battle between Lionsgate and Carl Icahn will transform the two adversaries into potential dealmakers beginning this week.
Domestic Film DAILY
PROVIDED BY: Box Office
Frozen1Daily: $2.5M Cumulative: $138.8M Disney 20.11%
Out of the Furnace
Out of the Furnace3Daily: $588,587 Cumulative: $6.3M Relativity Media 17.52%