Carl Icahn Comments On His Offer Lion Gate Entertainment Corp.

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Mar 25, 2010
Activist Investor Carl Icahn is making his move again. This time he is on the case of Lion Gate Entertainment Corp. (LGF, Financial). Looking to block Lions Gate from MGM Deal, Carl Icahn offered to buy the rest of the shares of LGF for $6.00 on March 19, 2010, a price only pennies above LGF’s then price. The offer, naturally, was rejected by the management.

I think all the future shareholder-manager conflict should be debated on television: