Carl Icahn on Showdown with Lion Gate Entertainment Management

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Dec 07, 2010
The story of Carl Icahn’s investment in movie maker Lion Gate Entertainment (LGF, Financial) is getting more tense every day. Here is what he has to say today about the management of the company.



Lions Gate Entertainment is an independent producer and distributor of motion pictures, home entertainment, television programming, animation and video-on-demand content. Lions Gate Entertainment Corp. has a market cap of $991 million; its shares were traded at around $7.25 with and P/S ratio of 0.6.

Carl Icahn owns 35,713,655 shares as of 09/30/2010, an increase of 11.6% from the previous quarter. This position accounts for 5.23% of the $5.02 billion portfolio of Icahn Capital Management LP.

This is his holding history: