Firing another salvo in the battle for Lionsgate, Carl Icahn's issued a gloomy assessment of the minimajor and predicted its share price will decline below his $7 a share hostile takeover offer.
Lionsgate has rounded out the cast of "Machine Gun Preacher" with Michelle Monaghan, Madeline Carroll, Kathy Baker and Souleymane Sy Savane.
Carl Icahn is building an arsenal for a nasty proxy fight with Lionsgate. He made it official on Thursday that his stake in the company has risen to 31.8% through his tender offer.
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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%
Carl Icahn's made it official, announcing his stake in Lionsgate has risen to 31.8% through his tender offer -- and portending a nasty proxy fight for control of the minimajor.
Lionsgate's facing a major distraction to its operations as Carl Icahn becomes the largest Lionsgate shareholder.
Carl Icahn has pledged he'll bail out of Lionsgate stock if he doesn't win his proxy fight to take control of the minimajor's board, accusing the panel of supporting a management untethered from…
Carl Icahn on Monday pledged to sell his holdings in Lionsgate if he fails in his proxy fight to take control of the minimajor's board of directors.
The bruising battle between Carl Icahn and Lionsgate management has entered the trench warfare stage, with multiple salvos being fired over which side should control the minimajor.
Carl Icahn's long-running takeover bid for Lionsgate has received a key approval from Canuck regulators, who cleared his hostile offer.
The vitriolic battle between Lionsgate and Carl Icahn shows no signs of coming to an end -- and it's clear that last month's peace talks went nowhere.