tiprankstipranks
Advertisement
Advertisement

Lionsgate separates Studio and Starz businesses into two public companies

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.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1