Lions Gate sues Icahn for playing `double game'
LOS ANGELES -Niche movie studio Lions Gate Entertainment Corp. on Thursday sued its biggest shareholder, Carl Icahn, saying he played a ``double game'' by first opposing a merger with struggling studio MGM, then backing it when he had bought a large portion of its debt.
Lions Gate is offering to combine its business with MGM in a deal supported by billionaire investor Carl Icahn, who owns stakes in both movie studios.