Icahn’s Lionsgate Tender Offer Fails

May 6, 2009  •  Post A Comment

Carl Icahn’s tender offer for $325 million of Lionsgate’s outstanding debt has failed, with the billionaire investor receiving only $600,000, DeadlineHollywoodDaily reports. At some point, Icahn’s tactics will destabilize one of the few independent buyers in the market, the Web site says.
—Aimee Picchi

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