Friday, November 26, 2021

ICAHN BATTLE PUSHES LIONS GATE INTO THE RED

November 10, 2010 by · Leave a Comment 

Despite a 25-percent rise in overall revenue during its second quarter versus the same quarter a year ago, Lions Gate Entertainment on Tuesday reported that its legal battle with activist investor Carl Icahn contributed to a $30-million loss in the period. Some $20.7 million of that loss was related to a debt-for-equity swap with shareholder […]