Topic: Lions Gate Entertainment Corp.
MGM could go it alone if bids disappoint: sources
Reuters US Online Report Business News
NEW YORK (Reuters) - Storied Hollywood studio Metro-Goldwyn-Mayer may opt for a stand-alone plan if bids disappoint, and creditors are expected to meet early next week as the company sifts through expected offers, sources said. The studio, struggling with $3.7 billion of debt, said in November it was exploring a ...
Icahn launches hostile bid for all of Lions Gate
AP News
Icahn makes hostile bid for all of Lions Gate after studio rejects his bid to boost his stakeActivist shareholder Carl Icahn raised the stakes in his yearlong dispute with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the movie studio following disagreements over its spending ...
Palm, Boeing, Lions Gate, Lloyds are big movers
AP News
Palm, Boeing, Lions Gate, Lloyds, Weatherford, SunPower among big market movers FridayStocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: Weatherford International Ltd., down 91 cents to $16.07 A Jefferies analyst downgraded the oil services company, citing the threat ...
Icahn offers to buy Lions Gate as MGM bid looms
Reuters US Online Report Business News
LOS ANGELES/NEW YORK (Reuters) - Billionaire investor Carl Icahn offered on Friday to buy Lions Gate Entertainment Corp <LGF.N>, in a move designed to forestall the studio's expected bid for storied rival Metro-Goldwyn-Mayer Inc <MGMYR.UL>. Shareholders are unlikely to bite because Icahn's ...
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