Movie merger.Lions Gate Entertainment
In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist. Artisan Entertainment for $160 million in cash, plus assumed debt of between $45 million and $60 million. The combined company will have more than 8,000 movies in its library, the companies said in a statement. Vancouver-based Lions Gate, which offered to acquire Santa Monica-based Artisan in 2001, has said it is seeking to build a larger film library. Lions Gate Chief Executive Jon JON Jonah JON Jesus of Nazareth JON Job Order Number JON Johnston Island, US, Outlying Islands (Airport Code) Feltheimer will head the new company. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion