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Lions Gate's Vice Chairman Compared His Company To A Benevolent Arms Dealer
Tuesday, October 18, 2016 - 2:30pm | 382One of the most common questions directed toward Lions Gate Entertainment Corp. (USA) (NYSE: LGF) Vice Chairman Michael Burns concerns the company's relationship with Netflix, Inc. (NASDAQ: NFLX). Specifically, is Lions Gate a friend, enemy or some sort of "frienemy" — a combination of the...
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Lions Gate To Buy Starz For $4.4 Billion
Thursday, June 30, 2016 - 10:11am | 450After months of speculation, Lions Gate Entertainment Corp. (USA) (NYSE: LGF) confirmed on Thursday it will pay $4.4 billion to acquire Starz (NASDAQ: STRZA). As part of the merger agreement, each share of Lions Gate stock will be reclassified into 0.5 voting and 0.5 newly created non-voting shares...
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Lions Gate Reports Terrible Earnings - Then Soars 10%
Friday, February 10, 2012 - 2:57pm | 892Lions Gate Entertainment (NYSE: LGF) released its fiscal Q3 earnings results after the closing bell on Thursday. The company, which noted investor Carl Icahn unsuccessfully attempted to acquire last year, reported a net loss of $1.7 million or $0.01 per share, compared to a loss of $6 million or $0...
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Carl Icahn Appears On CNBC To Talk Lionsgate Tender Offer (LGF)
Thursday, April 29, 2010 - 1:22pm | 292Carl Icahn appeared on CNBC this afternoon to talk to Melissa Lee about his ongoing efforts to acquire Lions Gate Entertainment (NYSE: LGF). Vice Chairman of Lionsgate's Board Michael Burns had appeared on the network earlier today and said that Icahn was basically trying to "steal the company,"...
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Fast Money Proxy Showdown: Icahn Vs. Lions Gate (LGF)
Wednesday, March 24, 2010 - 6:51pm | 680In a compelling piece of live television this afternoon, Michael Burns, co-Chairman of Lions Gate Entertainment (NYSE: LGF) and activist billionaire investor Carl Icahn both appeared on Fast Money to argue their sides in the battle for the production and distribution company. Icahn has made an...