Lionsgate Nixes Icahn’s $6.50 Share Offer

COMMENTS (1)

• Bravo! Lionsgate! Ichan is an elegant shyster. Good that the BOD of Lionsgate rejected his offer. Now that this is a fait a compli, come on LIonsgate! Enough copy cat productions. Step outside of the box. Tender new and seasoned screenwriters’ scripts; new ideas, new people pitching. The closed network coupled with the ‘perceived’ lack o’ moolah is not what is so. Releasing money to an innovate, salient project would inject “first-at-bat’ authority into Lionsgate’s street credibility, and the LA-based biz; alone. Not only am I in the biz, I am one of your stockholders.

  Comment by Breathe — Tuesday August 3, 2010 @ 7:28am PDT  Reply to this post