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‘s long-gestating plan to split the studio with Starz is finally a go as the company announced today that Studios the TV studio, motion picture…