ICAHN ON HIS LIONSGATE DEBACLE: “YOU CAN’T WIN ‘EM ALL”
March 28, 2012 by admin · Leave a Comment
Carl Icahn, who dumped nearly all his shares of Lionsgate last August for about $7 per share, only to see it rise to more than double that amount in recent days following the success of Lionsgate’s The Hunger Games, has waxed philosophical about his unlucky move, which cost him $345 million. Icahn, who at one […]
NEW SHOTS FIRED IN LIONS GATE – ICAHN WAR
July 21, 2010 by admin · Leave a Comment
After a 10-day lull in the trench warfare between the management of Lions Gate Entertainment and activist investor Carl Icahn, the two sides resumed the battle on Tuesday. Firing the first shot, Icahn launched a new hostile bid to gain control of the company, this time offering $6.50 for the shares, which had dropped from […]
ICAHN TOSSES IN THE (BLOCKBUSTER) TOWEL
March 31, 2010 by admin · Leave a Comment
Activist investor Carl Icahn is apparently tossinging in the towel in his longtime battle to restore Blockbuster as a force in the entertainment industry. According to an SEC filing, Icahn, the company’s largest shareholder, has sold more than 13 million shares of the Dallas-based video rental chain for pennies on the dollar. In 2005 he […]
