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.
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Billionaire investor Carl Icahn amped up hostilities with the Lionsgate board Tuesday, disclosing plans for a proxy fight to replace the existing 12-member board with his own slate of directors.
In an escalation of hostilities, Carl Icahn's announced plans for a proxy fight to take over Lionsgate.
Carl Icahn's making no progress in his hostile takeover attempt of Lionsgate, with a 37% decline in the number of shareholders supporting his bid over the past two weeks.
Lionsgate and Carl Icahn are in possible settlement discussions to resolve the long-running battle for control of the minimajor.
Lionsgate has scored a victory in its ongoing battle with Carl Icahn.
Carl Icahn has extended his takeover offer for Lionsgate for a second time, pushing the deadline back until May 21 after receiving only a mild response from shareholders.
Lionsgate's received a four-day delay in its appeal of a ruling by Canadian regulators tossing out its "poison pill" to block Carl Icahn's hostile takeover bid with the hearing pushed back to Friday.