Lions Gate Entertainment Corporation

LOS ANGELES -- Hollywood mega-studio Metro-Goldwyn-Mayer Inc. filed for bankruptcy protection on Wednesday. MGM's bankruptcy plan has the backing of its lenders, so the proceedings are expected to go quickly. MGM is to restructure and be managed by...

Lions Gate Entertainment stock has been taking a beating this month after the expiration of Carl Icahn's $7-per-share hostile tender offer and because of the uncertain state of the studio's merger talks with Metro-Goldwyn-Mayer. Shares closed at $7.15...

[Update, 3 p.m.: Lions Gate responded to Icahn's new tender offer on Tuesday afternoon by converting $100 million of its debt to equity at a price of $6.20 per share. The move creates 16.2 million new shares of Lions Gate......

It's no surprise that the board of Lions Gate Entertainment has unanimously rejected the latest hostile tender offer from activist investor Carl Icahn to acquire all of its outstanding stock for $6.50 per share. In a regulatory filing Monday, Lionsgate......

More than $29 million in costs related to its battle with its largest shareholder, Carl Icahn, and higher expenses from its movie slate, including the box-office disappointment "Killers," led Lions Gate Entertainment to nearly double its net loss in the.....

Carl Icahn is threatening to sue Lions Gate Entertainment one day after the company made a defensive move that endangers the investor's long-running crusade to take over the film and television studio. On Tuesday, Lions Gate issued new shares to......

After several weeks of haggling over deal terms, Spyglass Entertainment is in the final stages of hammering out an agreement to take over the management of debt-ridden Metro-Goldwyn-Mayer, according to people familiar with the situation. The parties...

Signaling that his attempt to take over Lions Gate Entertainment may be impossible unless he prevails in court, Carl Icahn has extended his tender offer for the film and television studio to Oct. 22. The extension from a previous deadline......

The battle for movie and television production company Lions Gate Entertainment is headed to court. Investor Carl Icahn, who has launched a hostile takeover for Lions Gate, has followed through on his threat to sue the company over its recent......

Score one for Lions Gate. In a hearing Wednesday, a panel of the British Columbia Securities Commission (BCSC) denied investor Carl Icahn's request for an order prohibiting Lions Gate Entertainment shareholder and board member Mark Rachesky from selling...

A plan by Spyglass Entertainment to take over management of Metro-Goldwyn-Mayer has taken a major step forward and is now being considered by all of the struggling studio's lenders. Spyglass chiefs Gary Barber and Roger Birnbaum first began discussions...

Lions Gate Entertainment's annual shareholders meeting in Toronto today was, as expected, a big yawn, with all 12 of the movie and television studio's 12 nominees, including Chief Executive Jon Feltheimer and Vice Chairman Michael Burns, elected to the...