Lionsgate Studios (LION) has provided an update.
Lions Gate Entertainment Corp. is moving to simplify its share structure by collapsing its dual-class shares into a single class, offering a 12% premium to Class A voting shareholders. This strategic shift is part of a broader plan to separate Lionsgate Studios Corp. and Starz into distinct entities, aiming to enhance shareholder value. The proposal, subject to shareholder approval, emphasizes the company’s focus on operational efficiency and growth, while cautioning investors about potential forward-looking uncertainties related to the separation process.
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