Lionsgate Stock Jumps on Report Legendary Entertainment Has Submitted New $3.5 Billion 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 that values Lionsgate at $3.5 billion […]

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