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Archive Home > 2010 > March > 20 > Icahn starts hostile bid for Lions Gate

Icahn starts hostile bid for Lions Gate


March 20, 2010

LOS ANGELES — Activist investor Carl Icahn launched a hostile $6-a-share takeover bid Friday for Lions Gate Entertainment Corp., ratcheting up his pressure on Hollywood’s biggest independent studio to change its business strategy, cut costs and halt its effort to buy Metro-Goldwyn-Mayer’s film....

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