Lions Gate (LGF) Jumps on Increased Icahn Offer

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August 31, 2010 9:26 AM EDT
Shares of Lions Gate (NYSE: LGF) are trading higher today, as activist investor Carl Icahn increased his bid for the shares from $6.50 to $7.50 per share for all outstanding shares of the company. LGF shares are up about 10.5% pre-market today on the news.

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