Shares of Lions Gate Entertainment Corp. (NYSE: LGF) are trending higher Monday morning following amid M&A chatter.
Early Monday, the Dalian Wanda Group Chairman Wang Jianlin announced the firm has been in discussion with Lions Gate about acquiring a stake in the company.
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The Chinese firm currently owns a majority stake in AMC theaters.
Shares of Lions Gate are trending higher Monday morning currently up 3.72 percent.