Lions Gate Entertainment in talks with Carol Icahn over merger with Metro-Goldwyn-Mayer (MGM)
Lions Gate Entertainment (LGF) has met with Metro-Goldwyn-Mayer (MGM) to present a proposal to combine the two studios once MGM emerges from bankruptcy. Lions Gate vice chairman Michael Burns confirmed on CNBC the studio has been holding talks with Investor Carol Icahn, who owns 33.5 percent stake of Lions Gate....