Summary
NEW YORK (Reuters) - A Manhattan federal judge dismissed part of a lawsuit by Lions Gate Entertainment Corp. againstthat accused the activist investor of plotting to merge the studio with Metro- Goldwyn-Mayer.
U.S. District Judge Harold Baer rejected on Wednesday [March 23] claims that Mr. Icahn failed to disclose plans about a possible Lions Gate-MGM merger, in violation of securities law. The suit also said Mr. Icahn failed to disclose an agreement to buy the 5.4 percent share in Lions Gate, owned by financier Mark Cuban, who owns the Dallas Mavericks basketball team.See the full content of this document
Extract
Part of Lions Gate Suit Against Icahn Dismissed
The judge said Mr. Icahn met disclosure requirement...
See the full content of this document
Sponsored links
