The Lions Gate Situation Is Getting Interesting

Filed under: Deals, Press Releases, Walt Disney (DIS), Media World, Film, Lions Gate Entertainment (LGF)

Well, it's finally happened. Someone wants to buy Lions Gate Entertainment (LGF). However, it's not the head of a big media conglomerate who has an eye on the movie studio. Instead, it's famed activist investor Carl Icahn.

Of course, I'm sure you know all that by now. How can anyone have missed the drama surrounding the situation? There are a ton of news reports out there covering the topic, so let me simply bring you up to date with a link to an open letter from Icahn to Lions Gate, and a link to management's response. It makes for wonderful reading.

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The Lions Gate Situation Is Getting Interesting originally appeared on BloggingStocks on Sat, 27 Mar 2010 14:00:00 EST. Please see our terms for use of feeds.

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