Lions Gate Entertainment (LGF) adopts a shareholder rights plan as it tries to deter Carl Icahn's hostile attempt to buy the company. Icahn said yesterday that his Lions Gate stake had risen to 33.9%.
The Lions Gate (NYSE:LGF.A) plan to merge its studio operations through a SPAC deal likely means the entertainment company will try to monetize Starz, according to an analyst at TD Cowen. Lions Gate ...