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.
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.