Investor Carl Icahn Offers to Buy Lions Gate Debt
Posted by editor@vimooz.com on March 18, 2009 under Industry | 
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Investor Carl Icahn offered to buy as much as $325 million in Lions Gate Entertainment Corp. convertible debt at a discount of at least 25 percent to face value.
Buying the debt, which can be converted to stock at preset prices, would give Icahn more leverage over the independent film studio, whose movie library includes the Tyler Perry “Madea” comedies.
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