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Lionsgate to carve out and list studio business in $4.6bn Spac dealFinancial Times

Summary by Ground News
Lionsgate has planned for nearly two years to separate the studio and Starz. CEO Jon Feltheimer last said in August the plan was to wait until the company closed its acquisition of eOne from Hasbro, which will be announced next week. The transaction values Lionsgate Studios at an enterprise value of approximately $4.6 billion.

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Forbes broke the news in United States on Friday, December 22, 2023.
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