In a move that may put a damper on any takeover effort by Carl Icahn, Lionsgate is refinancing $66.6 million of its debt in a private deal.
In the latest PR move in the battle for control of Lionsgate, Carl Icahn has shot back at the minimajor for urging debtholders to be cautious before they agree to sell to Icahn.
Lionsgate's board of directors decided Thursday to express no opinion and remain neutral in regard to Carl Icahn's tender offer for the company's debt.
Lionsgate has acquired feature rights to the stage play "For Colored Girls Who Have Considered Suicide When the Rainbow Is Enuf" and signed video director Nzingha Stewart to helm from her screenplay…
As Lionsgate girds for battle with Carl Icahn, the activist investor revealed on Tuesday the pricing of the tender offer he made last week to buy up to $325 million in company debt.
Amping up his battle with Lionsgate, Carl Icahn has offered to buy as much as $325 million of the mini-major's debt in what may be a prelude to a takeover offer.
Lionsgate may be in play as a takeover target for billionaire investor Carl Icahn.
An all-out battle for control of Lionsgate appears to be brewing. Carl Icahn, who has rapidly boosted his stake in the company to 14.5% during the economic crisis, is in talks with the company that…
Lionsgate is in talks with Carl Icahn, who holds 14.5% of the company's stock, that could lead to the billionaire gaining several seats on the board.
Lionsgate has been handed the keys and the deed to cabler TV Guide Network and the TV Guide Online biz after closing its $255 million purchase from Macrovision.
"Tyler Perry's Madea Goes to Jail" took in $41.1 million, giving Lionsgate its biggest opening weekend during a time of instability for the company.