Legendary Submits Takeover Offer for Lionsgate Studios
Apollo-backed Legendary Entertainment has revived talks and submitted a formal offer to acquire Lionsgate Studios, sending shares sharply higher.
Apollo-backed Legendary Entertainment has revived talks and submitted a formal offer to acquire Lionsgate Studios, sending shares sharply higher.
Strong library and franchises like Hunger Games and John Wick attract European interest.
Netflix has officially denied rumors of acquiring Lionsgate Studios. The streaming giant quickly pushed back on takeover speculation amid fluctuating Lionsgate shares.
Netflix is shifting from a “build, not buy” strategy to actively pursuing major acquisitions, from failed talks for Warner Bros. Discovery to bids for Roku and interest in Lionsgate.