(AFX UK Focus) 2010-03-16 20:56 Icahn's bid would hurt Lions Gate's credit-Moody's
NEW YORK, March 16 (Reuters) - Carl Icahn's bid to own nearly 30 percent of Lions Gate Entertainment Corp would hurt the company's credit as the activist investor gains more influence, Moody's Investors Service said on Tuesday. Last week, Santa Monica, California-based Lions Gate rejected Icahn's bid to purchase another 13.2 million shares at $6 a share, setting the stage for a showdown with the ...
2010-03-16 -
Interactive Investor