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InsideArbitrage Potential Deal Alert: Anson Funds Takes Lionsgate Studios (LION) Stake, May Push for Sale

  • December 11, 2024

POTENTIAL DEAL DETAILS

StockLionsgate Studios Corp.SymbolLION
Date Announced12/10/2024Source Bloomberg
TypeNews Report

Bloomberg reported that activist investor Anson Funds Management has taken a stake in the Lionsgate Studios Corp. (LION) and is speaking with the studio behind The Hunger Games and John Wick about ways to unlock value.

Anson believes Lionsgate Studios is undervalued and that the company should consider a range of options, including a potential sale after it completes a separation from the Starz cable and streaming service, said Sagar Gupta, the firm’s head of activism and a portfolio manager.

Lionsgate Studios Corp. Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.