Carl Icahn, Lionsgate | featured news

Lions Gate has made a merger offer with Metro-Goldwyn-Mayer, a move that has the backing of Carl Icahn, who has financial interests in both movie studios.

Carl Icahn again extended his tender offer for Lions Gate and eliminated his majority-control condition. The film and TV studio reiterated its rejection.

Lionsgate may have the making of an agreement with Carl Icahn that includes giving the corporate raider coveted boardroom representation, Dow Jones reported Friday.

Carl Icahn's hostile attempt to take control of Lionsgate has been slow-going, so he has extended his deadline by 10 days.

Lionsgate's board is advising shareholders to reject Carl Icahn's sweetened offer for the film studio, calling the bid inadequate, opportunistic and coercive.

One week after Lions Gate Entertainment rejected his holdings in the studio, investor Carl Icahn is launching a hostile takeover bid for the entire company.

Lions Gate urged shareholders to reject a recent tender offer from investor Carl Icahn, calling the bid for the film studio's shares inadequate and coercive.