10 November 2015 – Liberty Global and Discovery Communications have agreed, in principle, to purchase 5 million common shares of Lionsgate, with each set to hold around a 3.4-percent stake.
These 10 million shares will be acquired from funds affiliated with MHR Fund Management. Liberty Global and Discovery Communications will each pay approximately $195 million for their respective stakes in Lionsgate. The share acquisitions are expected to close later today.
Read more at World Screen