Monday, January 20, 2020

ICAHN LAUNCHES WEBSITE AIMED AT LIONS GATE SHAREHOLDERS

December 7, 2010 by · Leave a Comment 

Perhaps sensing that his bid to take over Lions Gate Entertainment, the parent of Lionsgate Studios, has been greeted unenthusiastically by the news media, Carl Icahn has launched a website, www.SaveLionsGate.com, to present his case. It appears just one week before shareholders at their annual meeting are due to vote on a new board of […]

ICAHN MANEUVERS TO MERGE LIONSGATE, MGM

October 22, 2010 by · Leave a Comment 

As part of an elaborate maneuver to push forward a merger between Lions Gate Entertainment and Metro Goldwyn Mayer, Carl Icahn, who is already Lions Gate’s largest shareholder, has offered to buy $963 million of MGM’s debt for $433 million, or 45 cents on the dollar. Icahn already owns $500 million of the studio’s $4-billion […]

LIONS GATE OPENING ITS GATE FOR LEO

October 13, 2010 by · Leave a Comment 

The mating of the lions has begun again — this time in earnest, it would appear. Lions Gate Entertainment, which operates the Lionsgate “mini-major,” has formally proposed a merger with Metro-Goldwyn-Mayer, the home of Leo the Lion, under terms similar to those offered by Spyglass Entertainment — except in one important respect. Under each plan, […]