Lionsgate announces reorganization of international feature film operations
Lionsgate, a leading diversified global entertainment company, announced today the reorganization of its international feature film operations under recently appointed Lionsgate Motion Picture Group Co-Chairman Patrick Wachsberger, completing a key element of the integration of Lionsgate and Summit Entertainment following Lionsgate's January 2012 acquisition of Summit.
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.