Wednesday, July 15, 2020

WELCOME TO THE LIONS’ DIN

July 22, 2010 by · Leave a Comment 

A furious Carl Icahn on Wednesday threatened new legal action against Lions Gate Entertainment after the studio converted $100 million in debt owed to Kornitzer Capital Management into 16.1 million shares, thereby valuing them at $6.20 per share. Kornitzer, in turn, sold them to Mark Rachesky, who had been Lions Gate’s leading shareholder with a […]