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Lions Gate Entertainment Corporation

A collection of news and information related to Lions Gate Entertainment Corporation published by this site and its partners.

Top Lions Gate Entertainment Corporation Articles

Displaying items 89-99
  • MGM gets debt forbearance No. 6

     
    The longest-running drama in the movie business has been renewed yet again. Metro-Goldwyn-Mayer, which has been teetering on the edge of bankruptcy for nearly a year, received a sixth debt forbearance from its bondholders and banker on Wednesday. The...
  • Lions Gate stock pummeled by expiration of Icahn's bid, merger talks with MGM

     
    Lions Gate Entertainment stock has been taking a beating this month after the expiration of Carl Icahn's $7-per-share hostile tender offer and because of the uncertain state of the studio's merger talks with Metro-Goldwyn-Mayer. Shares closed at $7.15...
  • Icahn back at war with Lions Gate, launches new hostile takeover offer [updated]

     
    [Update, 3 p.m.: Lions Gate responded to Icahn's new tender offer on Tuesday afternoon by converting $100 million of its debt to equity at a price of $6.20 per share. The move creates 16.2 million new shares of Lions Gate......
  • Carl Icahn threatens legal action against Lions Gate

     
    Carl Icahn is threatening to sue Lions Gate Entertainment one day after the company made a defensive move that endangers the investor's long-running crusade to take over the film and television studio. On Tuesday, Lions Gate issued new shares to......
  • Icahn takes Lions Gate to court in two countries

     
    The battle for movie and television production company Lions Gate Entertainment is headed to court. Investor Carl Icahn, who has launched a hostile takeover for Lions Gate, has followed through on his threat to sue the company over its recent......
  • Icahn loses latest round in feud with Lions Gate

     
    Score one for Lions Gate. In a hearing Wednesday, a panel of the British Columbia Securities Commission (BCSC) denied investor Carl Icahn's request for an order prohibiting Lions Gate Entertainment shareholder and board member Mark Rachesky from selling...
  • Lions Gate rejects Icahn's latest tender offer

     
    It's no surprise that the board of Lions Gate Entertainment has unanimously rejected the latest hostile tender offer from activist investor Carl Icahn to acquire all of its outstanding stock for $6.50 per share. In a regulatory filing Monday, Lionsgate......
  • 'Killers,' costs of fighting Icahn drag down Lions Gate earnings

     
    More than $29 million in costs related to its battle with its largest shareholder, Carl Icahn, and higher expenses from its movie slate, including the box-office disappointment "Killers," led Lions Gate Entertainment to nearly double its net loss in the.....
  • Spyglass close to a deal to take over management of MGM

     
    After several weeks of haggling over deal terms, Spyglass Entertainment is in the final stages of hammering out an agreement to take over the management of debt-ridden Metro-Goldwyn-Mayer, according to people familiar with the situation. The parties...
  • Hoping Canadian court rules his way, Icahn extends Lions Gate tender offer to October

     
    Signaling that his attempt to take over Lions Gate Entertainment may be impossible unless he prevails in court, Carl Icahn has extended his tender offer for the film and television studio to Oct. 22. The extension from a previous deadline......
  • Spyglass-MGM plan reaches critical step for approval

     
    A plan by Spyglass Entertainment to take over management of Metro-Goldwyn-Mayer has taken a major step forward and is now being considered by all of the struggling studio's lenders. Spyglass chiefs Gary Barber and Roger Birnbaum first began discussions...