Comment on Lionsgate Pleads Case For Its MGM Merger

Lionsgate Pleads Case For Its MGM Merger

Lionsgate is making its argument for a merger with hobbled studio MGM, a move that is supported by Carl Icahn, who has been trying to take over  the mini-major while simultaneously buying up MGM debt. The timing is meant to provide an option for the current restructuring plan that will be voted on by MGM lenders this month.

 

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