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.
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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.
Carl Icahn has increased his stake in Lionsgate to 33.9% following completion of his hostile tender offer for the minimajor -- adding another 2% during the past two weeks, and setting the stage for a…
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.