CBS is said to have talked to Lions Gate about buying Starz [Los Angeles Times (CA)]
Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A)
Last lions gate entertainment corporation class a voting shares earnings: 2/6 04:05 pm
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Source: Los Angeles Times
CBS is said to have talked to Lions Gate about buying Starz CBS Corp.’s seemingly inexorable march toward acquiring Viacom Inc. may take a detour. The company recently talked to Lions Gate Entertainment Corp. about buying that company’s Starz cable network, according to people familiar with the matter, a deal that could happen alongside a potential purchase of Viacom. CBS’ informal bid of about $5 billion was rebuffed, the Information reported, but the suitor remains interested. Reuters reported that Lions Gate offered to sell Starz to CBS for $5.5 billion, suggesting that the two sides aren’t too far apart. News of the talks sent shares of Lions Gate up 15% on Friday, their biggest single-day rally in 18 years. Starz has become a key asset for the struggling Lions Gate studio, known for the “John Wick” and “Hunger Games” movies, and the company has been seeking ways to expand the network’s footprint. Lions Gate has held talks with potential partners about funding Starz’s internationa
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LGF.A
Earnings
- 2/8/24 - Beat
LGF.A
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form 8-K
- 4/3/24 - Form 4
- LGF.A's page on the SEC website