Lions Gate Entertainment has completed the full separation of its Studio and Starz businesses into two standalone, publicly-traded companies. Lionsgate (LGF.B) (LGF.A) will begin trading on the New York Stock Exchange under the ticker symbol “LION.” The separation was approved by an overwhelming majority of shareholders at a special shareholder meeting on April 23rd, with over 99% of both classes of shareholders who voted approving the separation. As part of the separation, the former dual share structure has been collapsed into a single class of stock.
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Read More on LGF.A:
- Supreme Court of British Columbia approves full separation of Lions Gate
- Tariffs on films may end up hurting industry, says Barclays
- Trump orders tariff on foreign-made movies, Reuters reports
- Lionsgate shareholders approve breakup plans, Bloomberg reports
- Lions Gate Extends EVP Bruce Tobey’s Contract
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