Icahn Again Extends Lionsgate Tender Offer

Law360, New York (December 1, 2010, 2:18 PM EST) -- Activist investor Carl C. Icahn has once again extended his $7.50 per share tender offer for Lions Gate Entertainment Corp., this time removing two major conditions for completion of the takeover concerning control of the company's shares.

In an announcement late Tuesday, Icahn extended the tender offer to Dec. 10 at 11:59 pm Pacific Standard Time.

Icahn also rescinded two conditions he had said needed to be met before the deal could be completed. The investor said he no longer needed to gain control of a...
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