Icahn Extends Tender Offer

Apr 22, 2009  •  Post A Comment

Carl Icahn has extended to May 1 his tender offer to buy $325 million of the company’s debt, Daily Variety reports. The extension represents a response to Lionsgate’s private agreement with two bondholders to refinance $66.6 million in convertible debt, which will keep those bonds from being tendered to Icahn, the trade paper says.
—Aimee Picchi

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