John Malone, Liberty Mutual chairman and cable legend disclosed that he would swap his 3.4% stake in Starz for a 4.5% stake in Lionsgate with a board seat.
Lionsate (LGF on NYSE) soared 9% today in after hours trading on the news. The thinking is that this will clear the way for STARZ to broadcast Lionsgate content.
Lionsate (LGF on NYSE) soared 9% today in after hours trading on the news. The thinking is that this will clear the way for STARZ to broadcast Lionsgate content.
