Rick Maiman/Bloomberg News Carl C. Icahn. Carl C. Icahn has extended his tender offer for shares of the Lions Gate Entertainment Corporation until Dec. 10 and altered the conditions of the bid. The offer is good until 11:59 p.m. Pacific Daylight Time. Mr. Icahn said on Tuesday that he had retracted two of the chief [...]
Another week brings another setback for Carl C. Icahn in his bid to gain control of Lions Gate Entertainment. A Canadian court on Monday rejected Mr. Icahn’s effort to nullify the movie studio’s equity-for-debt swap that diluted the billionaire investor’s stake in Lions Gate. That deal with a Lions Gate board member cut Mr. Icahn’s [...]
Carl C. Icahn says he has bought more debt in Metro-Goldwyn-Mayer to add to his stake as he seeks to block a pending deal between the studio and Spyglass Entertainment, Reuters reported. Mr. Icahn said on Wednesday that he had purchased a “substantial amount” of MGM senior secured loans at a purchase price of 50 [...]
Carl C. Icahn has amassed up to half a billion dollars of Metro-Goldwyn-Mayer debt and is pushing for a merger with Lions Gate Entertainment, The Wall Street Journal reported Thursday, citing people familiar with the matter. The Journal said Icahn holds somewhere between $400 million and $500 million of MGM’s outstanding debt and is continuing [...]
With its bankruptcy filing, Blockbuster is moving down a road to become a leaner video-rental company with its creditors in charge. But those creditors, led by the billionaire investor Carl C. Icahn, will face serious challenges in turning around Blockbuster, despite its advantages over some of its competitors. Blockbuster is expected to emerge from bankruptcy [...]
Carl C. Icahn has increased his tender offer for shares of the independent film studio Lions Gate Entertainment to $7.50 from $6.50 a share. For most of this year, Mr. Icahn, a Lions Gate shareholder since 2006, has been trying to get control of Lions Gate, producer of the “Saw” film series, “Mad Men” and [...]
Twitter
Facebook