Carl Icahn to Sell Lions Gate Holdings for $7 a Share
Bloomberg
Aug. 31, 2011. 06:40 AM EST
Aug. 31 (Bloomberg) -- Billionaire Carl Icahn agreed to sell his Lions Gate Entertainment Corp. s... More »
Aug. 31 (Bloomberg) -- Billionaire Carl Icahn agreed to sell his Lions Gate Entertainment Corp. shares for $7 each, roughly his cost, to end a battle for control over the independent film and television studio. Also Icahn, campaigning to oust Clorox Co. directors and put the company up for sale, said he will make his third takeover offer in two months for the maker of bleach and Glad trash bags. Deirdre Bolton reports in today's Movers and Shakers on Bloomberg Television's "InsideTrack." (Source: Bloomberg) « Less
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