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Lionsgate Exploring 11th Hour Deal for ‘Hustlers’ Studio STX (EXCLUSIVE)
Matt Donnelly Senior Film WriterLionsgate is in discussions to acquire some or all of STX Entertainment, the seven-year-old company founded by veteran producer Robert Simonds, insiders familiar with the matter told Variety. It’s an 11th hour wrinkle in the studio’s planned sale to a private equity player.Talks began late last year, according to sources, after STX had secured a buyer in The Najafi Companies, an investment firm run by Jahm Najafi, the vice chairman of the Phoenix Suns.
