Lionsgate Spins Off Studio $4.6B SPAC Merger – The Hollywood Reporter
[ad_1] Lionsgate CEO Jon Feltheimer Getty Images In a move it has telegraphed for some time, Lionsgate unveiled a deal to spin off its studios business in a Special Purpose Acquisition Company (SPAC) deal to create a separately traded public company with a $4.6 billion enterprise value. The proposed SPAC-style merger follows strategic talks…
