(Photo by Smith Collection/Gado/Getty Images) Getty Images Deal Overview On February 9, 2023, Lions Gate Entertainment LGF.A +0.5% Corp. (NYSE: LGF.A/ LGF.B, $10.61/$9.95, Market Capitalization: $2.3 billion) announced that it is proceeding with the spin-off of its Studio business and separating into two standalone companies. The Company announced that it expects to file an initial Form 10 with the SEC by the end of March and has targeted to complete the spin-off by the end of September 2023. Earlier in September 2022, the Company had reiterated that they were on track to separate STARZ and studio businesses and had increased focus on the possibility of spinning its studio business. There can be no assurance that such a transaction will be completed. Completing any such transaction would be subject to various terms, conditions, regulatory approvals, and approval of the Company’s Board of Directors. We had done a potential report on November 2, 2021, where the Company had announced that it was exploring potential capital markets alternatives for its Media Networks business (STARZ), including, but not limited to, a full or partial spin-off, split-off, issuance of a tracking stock or other transactions. Lions Gate Price Performance Spin-Off Research Deal Rationale Lions […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
