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  • Icahn renews bid for Lions Gate after truce ends

    July 20, 2010 9:45 AM

    NEW YORK (AP) Activist investor Carl Icahn is declaring an end to his brief truce with boutique film studio Lions Gate Entertainment, renewing his bid to take over the company and replace its board. Icahn disclosed that he now controls 37.9 percent of Lions Gate Entertainment Corp.'s shares. He has... more »
  • Lions Gate adopts 'poison pill' to thwart Icahn

    July 2, 2010 8:09 AM

    NEW YORK (AP) Boutique film studio Lions Gate Entertainment Corp. has adopted a shareholder rights plan, also known as a "poison pill," to prevent hostile takeover attempts such as the one billionaire investor Carl Icahn is conducting. The plan, announced late Thursday, would let shareholders buy extra shares at a... more »
  • Icahn boosts stake in Lions Gate to 32 percent

    June 17, 2010 9:55 AM

    NEW YORK (AP) Billionaire investor Carl Icahn says he has boosted his stake in Lions Gate Entertainment to just under 32 percent as he tries to take over the movie studio. He is still short of a controling interest, though investors have two weeks to accept his $7-per-share offer. Icahn... more »
  • Lions Gate files to appeal B.C. poison-pill ruling

    April 28, 2010 9:17 PM

    LOS ANGELES (AP) Lions Gate Entertainment Corp. is appealing a decision by regulators in British Columbia to quash a shareholders rights plan that would have helped it fend off a takeover bid by Carl Icahn. The company said Wednesday it applied to the British Columbia Court of Appeal for leave... more »
  • Lions Gate rejects latest Icahn bid

    March 23, 2010 9:26 AM

    SANTA MONICA, Calif. (AP) Lions Gate Entertainment is rejecting as inadequate the latest bid for control of the film studio by activist investor Carl Icahn. The company says its board has voted unanimously against Icahn's offer to buy all of its outstanding shares for $6 each, or about $575 million... more »
  • Lions Gate rejects Icahn offer to buy shares

    March 12, 2010 9:09 AM

    SANTA MONICA, Calif. (AP) Lions Gate plans to reject an offer from activist shareholder Carl Icahn to buy up to 13.2 million shares in the movie studio. The company says Icahn's offer of $6 per share or up to $79 million is inadequate. The billionaire was looking to raise his... more »
  • Icahn bids $6 for Lions Gate shares

    February 16, 2010 2:53 PM

    LOS ANGELES (AP) Activist shareholder Carl Icahn wants to boost his stake in movie studio Lions Gate Entertainment Corp. with an offer worth as much as $79 million. Icahn is offering $6 per share in cash for up to 13.2 million shares in an effort to raise his stake in... more »

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