Lionsgate Stock Jumps on Report Legendary Entertainment Has Submitted a New Takeover Offer
Is Lionsgate — a long-rumored acquisition target — going to find a buyer this time? Production company Legendary Entertainment has revived its bid to acquire Lionsgate, according to a Bloomberg report. Shares of Lionsgate popped more than 15% Tuesday on the report. Legendary submitted a takeover offer for Lionsgate, per Bloomberg, citing anonymous sources. The […]
Key Takeaways
- Is Lionsgate — a long-rumored acquisition target — going to find a buyer this time?
- Production company Legendary Entertainment has revived its bid to acquire Lionsgate, according to a Bloomberg report.
- Shares of Lionsgate popped more than 15% Tuesday on the report.
Is Lionsgate — a long-rumored acquisition target — going to find a buyer this time? Production company Legendary Entertainment has revived its bid to acquire Lionsgate, according to a Bloomberg report. Shares of Lionsgate popped more than 15% Tuesday on the report. Legendary submitted a takeover offer for Lionsgate, per Bloomberg, citing anonymous sources. The […]
Original Publisher Attribution
This summary was curated from Variety.