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Lionsgate Closing In On Studio-Starz Split
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deadline.comLionsgate moved a step closer to a planned split of the studio from Starz with an SEC filing today officially marking its plans.
The long-in-the-making transaction to create two separate publicly traded companies is set out in an official S4 document that needs to be declared effective by the Securities and Exchange Commission if it has no further questions or clarifications.
The company can then set a date for its shareholder meeting to vote on the split, which has already been approved by the board.
The idea was to complete the move by year end and Lionsgate is pretty much on track. The process could slip into 2025 but not by much.
Read more on deadline.com
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