Tuesday, November 24, 2020

ICAHN LOSES LATEST BATTLE WITH LIONS GATE

July 29, 2010 by · Leave a Comment 

Activist investor Carl Icahn’s latest legal strike at the management of Lions Gate Entertainment misfired Wednesday when the British Columbia Securities Commission rejected his request to overturn the debt-for-equity swap with his former lieutenant, Mark Rachesky, that boosted Rachesky’s stake in the company while diluting his own. Icahn has filed a similar claim with the […]