Icahn Offers $7.50 Per Lionsgate Share; Annual Meeting Delayed Until After Oct. 12

Every Icahn move has deep reverberations inside the film/television studio whose management is increasingly paranoid about how their actions will be viewed by him. What a destabilizing situation. Now Carl Icahn’s hostile takeover attempt intensifies with his $7.50 a … Read More »

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Lionsgate Reports Net Q1 Loss Of $64M; Blames Underperformance Of ‘The Killers’; Spent $30.6 Million Fighting Off Carl Icahn

Earnings season has produced better-than-expected results at the major studios and networks with only Disney left to report tomorrow. (Watch for Deadline’s full summary.) But Lionsgate just reported bad news when Carl Icahn is breathing down its neck for that … Read More »

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Icahn Files Lawsuit Against Lionsgate Board

Another nasty day in the Carl Icahn vs Lionsgate battle. This time, Icahn has made good on his threat to go to court to overturn the film/TV studio’s recent “scorched earth tactic” that diluted his stock holdings He’s referring … Read More »

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