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

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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 […]

Source: Variety

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