Carl Icahn, Icahn Lions Gate Hostile Takeover | featured news

Icahn Sues Lions Gate

Carl Icahn sued Lions Gate over what he called a "reprehensible" debt-to-equity deal executed last week by the movie studio that reduced the activist investor's stake.

Senh: Another never-ending saga between Carl Icahn and Lions Gate. I'm sure glad that The Expendables was near completion when this whole takeover started. I'm not a fan of hostile takeovers.

 

Icahn Extends Lions Gate Offer

Carl Icahn again extended his tender offer for Lions Gate and eliminated his majority-control condition. The film and TV studio reiterated its rejection.

 

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.

 

Carl Icahn launches hostile takeover bid for Lions Gate

Carl Icahn launches hostile takeover bid for Lions Gate

One week after Lions Gate Entertainment rejected his holdings in the studio, investor Carl Icahn is launching a hostile takeover bid for the entire company.

 

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