Lionsgate Studios to Start Trading on Nasdaq [Yahoo! Finance]
Screaming Eagle Acquisition Corp. - Unit (SCRMU)
Company Research
Source: Yahoo! Finance
The studio, led by CEO Jon Feltheimer, said the transaction will see the spun-off company begin trading separate from Lionsgate's Starz business and under the ticket symbol LION. It expects to raise $350 million in proceeds. Lionsgate Studios is made up of Lionsgate's Motion Picture Group and Television Studio business, along with a 20,000-strong film and TV library. More from The Hollywood Reporter Original 'Blair Witch' Cast Asks Lionsgate for Retroactive Residuals and Consultation on Future Projects 'Oldboy' TV Series in the Works From Filmmaker Park Chan-wook Lionsgate Takes Next Step Toward Spinning Studio Off As Separate Public Company “This transaction reaffirms our longstanding belief in the value of premium content by enabling us to launch Lionsgate Studios as one of the world's leading standalone, pure play, publicly-traded content companies,” Feltheimer and vice chair Michael Burns said in a statement ahead of the Nasdaq's opening bell on Tuesday. “It is an imp
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News
- Lionsgate Studios Starts Trading on Nasdaq as Split From Starz Continues [Yahoo! Finance]Yahoo! Finance
- Lionsgate, Screaming Eagle Clear SEC Hurdle for SPAC-Style Merger to Launch Standalone Studio [Yahoo! Finance]Yahoo! Finance
- Screaming Eagle Announces Effectiveness of Registration Statement for Proposed Business Combination [Yahoo! Finance]Yahoo! Finance
- Screaming Eagle Announces Effectiveness of Registration Statement for Proposed Business CombinationPR Newswire