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…
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Guardians of the Galaxy
Guardians of the Galaxy1Daily:$2.6M Cumulative:$231.7M Disney -25.30%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$2.4M Cumulative:$126.5M Paramount Pictures -31.50%
Let's Be Cops
Let's Be Cops3Daily:$1.8M Cumulative:$32.6M Fox -29.54%
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.
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.
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.