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Lions Gate (NYSE: LGF)

Market Insanity 

Desperation in Hollywood; Lions Gate Buys Starz

July 7, 2016July 7, 2016 daniel Cable TV is Not Dead Yet, CBS (NYSE: CBS), John Malone, Liberty Media (NYSE: LSXMB), Lions Gate (NYSE: LGF), Lions Gate Takes on a Mountain of Debt, McGyver, most entertainment companies are a lousy investment, Outlander, Sirius XM (NASDAQ: SIRI), So what will Lions Gate get for $4.4Billion?, Starz (NASDAQ: STRZA), Starz (NASDAQ: STRZB), The deal is terrible for Lions Gate, The financial numbers show that Starz might be a real lemon

Now Lions Gate has made the questionable move of agreeing to purchase Starz for $4.4 billion in cash and stock. That’s a smart move for Liberty Media (NYSE: LSXMB) billionaire John Malone; who owns Starz, but a lousy deal for Lions Gate shareholders.

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