Lions Gate Entertainment Corp. Shares Trending Higher On M&A Chatter

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Shares of Lions Gate Entertainment Corp. 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.

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.

Posted In: NewsM&AConsumer DiscretionaryDalian Wanda GroupMovies & EntertainmentWang Jianlin
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