Lions Gate Entertainment has spoken to billionaire investor Carl Icahn a couple of times over his hostile $7 per share offer for the company, its chief executive said on Wednesday.
Shares of the Hollywood studio behind “Saw” and “Mad Men” had fallen more than 3 percent after it said it was exploring whether or not to negotiate with Icahn, who has been frustrated with Lions Gate’s management and the stock’s weak performance.
• Read the full Reuters story.
