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LION-News
LION-Events
Apollo Global Proposes Acquisition of Lionsgate Studios
Apollo Global's (APO) Legendary Entertainment revived talks to acquire Lionsgate Studios (LION) and submitted a takeover offer, Dawn Chmielewski and Thomas Buckley of Bloomberg report, citing people familiar with the matter. Legendary and Lionsgate have held on-and-off talks about a potential deal since last year, sources told Bloomberg. Shares of Lionsgate are up 14%, or $1.51, to $12.23 following the report.
Lionsgate Studios Corp Trading Halted Due to Volatility
Lionsgate Studios Corp trading halted, volatility trading pause
Lionsgate Shares Jump 12% to $11.94 After Buyout Offer Report
Lionsgate jumps 12% to $11.94 after Bloomberg report of buyout offer
Legendary Entertainment Submits Offer to Acquire Lionsgate
Legendary Entertainment submitted offer to buy Lionsgate, Bloomberg says
Disney in Talks with Studios for Infinity Vision Brand
Disney (DIS) has held talks with other studios about using its new Infinity Vision brand for large-screen movie formats, potentially creating a competitor to Imax (IMAX), Thomas Buckley of Bloomberg reports, citing people familiar with the matter. Disney has met with Skydance's (SKYD) Paramount Pictures, Comcast's (CMCSA) Universal Pictures, Lionsgate Studios (LION) and Sony Pictures (SONY) to discuss Infinity Vision - a certification that combines hundreds of existing theater chains' large-screen formats like AMC Entertainment's (AMC) XL and Cinemark's (CNK) XD, under one brand, sources told Bloomberg. The studios have shown early interest in Disney's initiative, but some are waiting to review the impact of Infinity Vision's marketing on Disney's "Avengers: Doomsday," which opens on December 18, the sources added. Shares of Imax are down 2% to $50.50 following the report.
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