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Lions Gate shares plunge on earns miss as merger hopes fade

Acquisition targets would have benefited from being part of Lions Gate, a Canadian corporation with a lower tax rate, but certain regulations would prevent Lions Gate from buying larger companies, he said. Lions Gate said Thursday it was in talks to merge with Starz, a company it has had a 15 percent voting stake in since last year. Malone, who has stakes in both...
Source: The Associated Press | By: By RYAN NAKASHIMA, AP Business Writer
Lions Gate shares plunge on earns miss as merger hopes fade

Acquisition targets would have benefited from being part of Lions Gate, a Canadian corporation with a lower tax rate, but certain regulations would prevent Lions Gate from buying larger companies, he said. Lions Gate said Thursday it was in talks to merge with Starz, a company it has had a 15 percent voting stake in since last year. Malone, who has stakes in both...
Source: The Associated Press | By: By RYAN NAKASHIMA, AP Business Writer