LOS ANGELES (AP) – Another Hollywood studio is tying up with a video creator that has made it big on YouTube. Lions Gate Entertainment on Monday announced a multi-year partnership […]
The sale, announced after the market closed Tuesday, included an agreement for both sides in the two-year-old dispute to drop all pending lawsuits against each other. Lions Gate and its next largest investor, Mark Rachesky, each agreed to buy back a quarter of Carl Icahn’s shares for $7 each, which is about what Icahn spent acquiring his one-third stake in the company.
