Entertainment
Lionsgate Stock Jumps on Report Legendary Entertainment Has Submitted New Takeover Offer
Is Lionsgate — a long-rumored acquisition target — going to find a buyer this time? Production company Legendary Entertainment has revived its bid to acquire Lionsgate, according to a Bloomberg report. Shares of Lionsgate popped more than 15% Tuesday on the report, pushing the company’s market cap to $3.6 billion. Legendary submitted a takeover offer […]