Lionsgate Rejects Icahn Bid

Lionsgate's board is advising shareholders to reject Carl Icahn's sweetened offer for the film studio, calling the bid inadequate, opportunistic and coercive.

Sections:  movies   news   business   
RELATED ARTICLES
  • CBS Buys Half of TV Guide
    CBS Corp., as expected, acquired half of TV Guide Network, and will enter a 50-50 partnership with Lions Gate Entertainment Corp. for the entertainment channel and website. More
  • Icahn signs confidentiality agreement with Dell
    Billionaire investor Carl Icahn, who is fighting Dell Inc. founder Michael Dell's plan to take the struggling company private, is entering into a confidentiality agreement that would give him access to the computer maker's financial records. More
  • Icahn proposes alternative to Dell buyout
    Billionaire investor Carl Icahn is proposing an alternative to the $24.4 billion plan to sell slumping PC maker Dell to a group led by founder Michael Dell, saying it substantially undervalues the company. More
  • Netflix moves to block a hostile takeover
    Netflix is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed a stake of nearly 10 percent in the online video company. Netflix Inc. said Monday that it has adopted a shareholder rights plan, also known as a poison pill. More
  • Labor Day Box Office: 'The Possession' Scares Up Near-Record Debut; '2016: Obama's America' Barely Stays In Top 10
    "The Possession" was the top choice for moviegoers over Labor Day weekend, giving Lionsgate three weekends in a row of box office supremacy. The horror film, produced by Sam Raimi, grossed an estimated $17.7 million from Friday to Sunday,and could be over $21 million by the time Labor Day earnings are tabulated on Tuesday. More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News