Market Chatter: Lionsgate Facing Activist Pressure to Put Itself Up for Sale

MT Newswires Live

Aug 11

Lionsgate Studios (LION) is being urged by activist investor Anson Funds to either redefine itself for "the AI era" or put itself up for sale, Semafor reported Tuesday, citing a July letter to Lionsgate's board that it reviewed.

Lionsgate and Anson did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 12.55, Change: +0.19, Percent Change: +1.54

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