Activist shareholder Carl Icahn made an unsolicited bid to up his stake and gain more control over Lionsgate, according to THE HOLLYWOOD REPORTER [1].
The studio said it will review his offer of $6 per share for more than 13 million more shares, effectively upping his stake from 18.9 percent to 29.9 percent.
Links:
[1] http://www.hollywoodreporter.com/hr/content_display/news/e3i128fcc3d3e64156a4bd13bb3a676793d?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed: thr/news (The Hollywood Reporter - News)