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Lionsgate Stock Jumps on Report Legendary Entertainment Has Submitted a New Takeover Offer

Variety ·
Lionsgate Stock Jumps on Report Legendary Entertainment Has Submitted a New Takeover Offer

Is Lionsgate — a long-rumored acquisition target — going to find a buyer this time? Production company Legendary Entertainment has revived its bid to acquire Lionsgate, according to a Bloomberg report.

Shares of Lionsgate popped more than 15% Tuesday on the report.

Legendary submitted a takeover offer for Lionsgate, per the Bloomberg report, citing anonymous […]

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