Will Lionsgate Be Sold?
The pressure is on from an activist investor for the company behind "John Wick" and "The Hunger Games" to sell The post Will Lionsgate Be Sold? appeared first on TheWrap .
Anson Funds, a venture capital firm, is urging Lionsgate to consider selling the studio. With a market capitalization of $3.5 billion, Lionsgate is a prime target for acquisition. Experts believe that larger studios or tech giants could be interested in purchasing the independent film and television studio. Lionsgate has been a strong performer in the market, with its latest hit, "Michael," contributing to its success.
However, there are concerns that the studio's shares might not be valued appropriately following the full separation from its parent company, which could prompt the board to explore a sale.
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