Here’s still more evidence that Carl Icahn is getting out of Lionsgate’s hair. The studio’s stock price spiked after the market closed Wednesday when a big block of 3 million shares traded. I’m told the block was Icahn’s, and the sale now takes him down from 3.1% to just 1% ownership of the movie and TV company. The transaction followed Lionsgate’s recent truce with Icahn: it involved a secondary offering for 19.2M of his shares, which brought his control of the studio from 33% down to 3.1%. Today reduces that further still. Maybe now I can retire this photo, huh?
Editor-in-Chief Nikki Finke - tip her here.






He had to pick up his marbles and go home because the big kids did not want to play with him.
It was a fun story to follow.
Or he made a wise business decision based on the current state of LGE.
Actually, just replace the type on top with MGM. You’re behind the 8 Ball in this one Nellie.
Don’t you dare retire that Icahn picture Nikki. It’s a class act, unlike the subject it portrays. :p
Isn’t MGM his new lionsgate?
Don’t retire it, swap it in next time you run a story on Anthony Pellican and see if anyone notices.
Buh-bye Carl!
Icahn the Barbarian