Icahn Launches New Tender Offer For Lionsgate

Law360, New York (July 20, 2010, 5:01 PM EDT) -- Billionaire investor Carl Icahn on Tuesday ended a brief cease-fire with the management of Lions Gate Entertainment Corp., making a new tender offer of $6.50 per share for the television and film production company.

Icahn and his affiliated entities now hold 37.9 percent of Lions Gate and are making a bid to take over the entire company, according to a filing Icahn made with the U.S. Securities and Exchange Commission.

A previous $7-per-share tender offer by Icahn expired in June. On July 9, the two sides...
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