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Starz
STRZA is getting attention from CBS Corporation
CBS and Lions Gate Entertainment Corp.
LGF, according to a report from the
NY Post. Sources say the pay-TV channel is said to be seeking approximately $5 billion, which would equate to a share price of approximately $48.00. Starz market cap at the close of trading on Friday was $3.3 billion.
In September,
The Wall Street Journal reported the company controlled by John Malone, met with Twenty-First Century Fox, Inc.
FOXA, though Fox had no real interest in a deal.
The
Post reports that spokespersons for Starz, CBS and Lionsgate declined comment. Starz closed Friday at $32.20, a gain of 1%.
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