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Icahn offers to buy MGM debt in gambit to push Lions Gate merger [updated]
Company TownCarl Icahn wants to be the star on both sides of a potential MGM-Lions Gate merger. The billionnaire investor, already Lions Gate Entertainment's No. 1 shareholder, made a public offer on Thursday to buy at least $963 million of MGM's...... -
Carl Icahn extends tender offer for Lions Gate as MGM creditors weigh options
Company TownLions Gate Entertainment's largest shareholder, Carl Icahn, has extended his $7.50-per-share tender offer to buy all of the film and television studio's outstanding stock to Nov. 1 as he awaits some key decisions. The activist investor wanted to push... -
Icahn increases pressure on MGM, launches new tender offer to take control of company
Company TownCarl Icahn is turning up the heat on Metro-Goldwyn-Mayer's creditors to reject the Spyglass Entertainment management plan and merge the financially hobbled studio with Lions Gate Entertainment. The billionnaire investor on Tuesday launched a new tender... -
Lions Gate reveals merger proposal details as MGM urges creditors to reject it
Company TownWith a key voting deadline set for Friday, Lions Gate Entertainment and Metro-Goldwyn-Mayer made new disclosures Monday morning in an effort to sway support of the latter studio's creditors. In a regulatory filing, Lions Gate, for the first time,... -
Spyglass plan approved by MGM creditors [updated]
Company TownMetro-Goldwyn-Mayer creditors have approved a plan to reorganize the company in a prepackaged bankruptcy and bring in the chief executives of Spyglass Entertainment to run the studio. The proposal was passed by more than the two-thirds majority of MGM's... -
Icahn lawsuit over Lions Gate stock is thrown out, hampering his takeover effort
Company TownCarl Icahn's attempts to take over Lions Gate Entertainment suffered a setback Monday morning when his lawsuit attempting to strike down a controversial stock transaction was dismissed by the British Columbia Supreme Court. A judge in Vancouver, Canada,... -
Icahn keeps two legal fights going with Lions Gate
Company TownCarl Icahn isn't giving up in either of his legal battles with Lions Gate Entertainment. The activist investor announced Tuesday that he will appeal yesterday's decision by the British Columbia Supreme Court in favor of Lions Gate. Icahn had sued...... -
Lions Gate posts net loss in second quarter due to higher film marketing costs
Company TownIncreased movie marketing costs badly dinged Lions Gate Entertainment's fiscal second-quarter earnings. While revenue increased 25% to $456.3 million in the period ended Sept. 30, the movie and television studio reported a net loss of $29.7 million that... -
It's go time: Lions Gate sets Dec. 14 shareholders meeting to face off with Carl Icahn
Company TownLet's get ready to rumble. Lions Gate Entertainment and its largest shareholder, Carl Icahn, will square off at the film and television studio's annual shareholders meeting set for Dec. 14. Icahn, who over the last 20 months has been aggressively...... -
Bankruptcy Court approves MGM's Chapter 11 plan; MGM stakeholder Carl Icahn extends his tender offer for Lions Gate
Company TownA U.S. Bankruptcy Court in New York approved Metro-Goldwyn-Mayer Inc.'s Chapter 11 reorganization filing Friday, including authorizing last-minute modifications made last week to the prepackaged plan. Last week, financially crippled MGM filed for... -
Carl Icahn names five-person dissident slate for Lions Gate board
Company TownDissident shareholder Carl Icahn nominated five members to the board of Lions Gate Entertainment, two short of a majority needed to seize control of the 12-member board but enough to give him a substantial say in management of the company....... -
Icahn extends Lions Gate tender offer for fifth time, hopes New York court will rule in his favor
Company TownDissident investor Carl Icahn has extended his tender offer to acquire Lions Gate Entertainment shares for a fifth time in hopes that a court in New York will issue a ruling making it easier for him to win an upcoming......
Oct 21, 2010
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Oct 22, 2010
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Oct 26, 2010
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Oct 25, 2010
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Oct 29, 2010
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Nov 1, 2010
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Nov 2, 2010
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Nov 9, 2010
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Nov 8, 2010
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Nov 12, 2010
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Nov 26, 2010
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Dec 1, 2010
| Los Angeles Times
Original site for Lions Gate Entertainment Corporation topic gallery.