Anson Funds Management acquires stake in Lionsgate, pushes for sale amid performance issues.

Anson Funds Management has acquired a stake in Lionsgate Studios and is pushing for a potential sale of the company, citing undervaluation and poor box office performance. The activist investor also suggests other strategies like divesting certain divisions and exploring new revenue streams. This move comes after concerns over corporate governance and Lionsgate's separation from Starz.

4 months ago
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