Lionsgate Stock Jumps on Report Legendary Entertainment Has Submitted New Takeover Offer

Variety - Oct 20, 2026

Is Lionsgate — a long-rumored acquisition target — going to find a buyer this time? Production company Legendary Entertainment has revived its bid to acquire Lionsgate, according to a Bloomberg report. Shares of Lionsgate popped more than 15% Tuesday on the report, pushing the company’s market cap to $3.6 billion. Legendary submitted a takeover offer […]

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