Establishes One of the Largest Publicly Traded Pure Play Content Companies with an Enterprise Value of Approximately $4.6 Billion
Deal Expected to Raise Approximately $350 Million of Total Gross.
Lionsgate unveiled a deal to spin off its studio business in a $4.6 billion special purpose acquisition deal to create a separately traded public company.
Lionsgate spins off studios business broadcastnow.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from broadcastnow.co.uk Daily Mail and Mail on Sunday newspapers.