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Lionsgate shares rise after Legendary submits $3.5 billion takeover offer

Variety · 2026-10-20
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Lionsgate shares rose more than 15% Tuesday after a report that Legendary Entertainment submitted a takeover offer valuing the studio at $3.5 billion, including $1.9 billion in debt. The merger could let Legendary distribute its own films; both companies declined to comment.

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Source: Variety · via ahirlevel.hu

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