Lionsgate, Icahn Battle Heating Up

The dance between Carl Icahn and Lionsgate continued Tuesday as reports surfaced that the studio hired a law firm to defend itself against what could turn into a proxy battle or hostile takeover.

Sections:  movies   
Topics:  hostile takeover   icahn   lionsgate   movie studio   
RELATED ARTICLES
  • CBS Buys Half of TV Guide
    CBS Corp., as expected, acquired half of TV Guide Network, and will enter a 50-50 partnership with Lions Gate Entertainment Corp. for the entertainment channel and website. More
  • Netflix moves to block a hostile takeover
    Netflix is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed a stake of nearly 10 percent in the online video company. Netflix Inc. said Monday that it has adopted a shareholder rights plan, also known as a poison pill. More
  • Labor Day Box Office: 'The Possession' Scares Up Near-Record Debut; '2016: Obama's America' Barely Stays In Top 10
    "The Possession" was the top choice for moviegoers over Labor Day weekend, giving Lionsgate three weekends in a row of box office supremacy. The horror film, produced by Sam Raimi, grossed an estimated $17.7 million from Friday to Sunday,and could be over $21 million by the time Labor Day earnings are tabulated on Tuesday. More
  • Hollywood's summer heads south as films fizzle
    Studio executives expected their biggest summer ever this year as they loaded their lineup with huge action movies and superhero franchises. What they got were two colossal blockbusters, a handful of backup hits and plenty of duds that just didn't deliver, resulting in what may prove the lowest summer movie attendance in 20 years. More
  • ‘Anger Management’ initial run ends tonight — will FX pick up another 90 episodes?
    FX telecasts the final episode on its initial 10-episode order of Charlie Sheen’s comedy “Anger Management” tonight, after which the network will announce whether the show hit the ratings threshold under which the network is obligated to order 90 additional episodes, per its contract with Lionsgate, which produces the show. More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Movies News