Lions Gate Entertainment Corp's (LGF.N) board of directors rejected Carl Icahn's hostile bid to buy the movie studio, calling the offer "coercive" and too low.
REUTERS, New York Daily News: Business
Tue, 03/23/2010 - 7:55am
Lions Gate Entertainment Corp's (LGF.N) board of directors rejected Carl Icahn's hostile bid to buy the movie studio, calling the offer "coercive" and too low.