Michael Burns News
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When hedge-fund investor Mark Rachesky faced off against Carl Icahn in a battle for Lions Gate Entertainment Corp., he knew his adversary well.
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Massachusetts lost a bid for review of a Nuclear Regulatory Commission decision renewing the license of Entergy Corp.’s Pilgrim nuclear power plant in Plymouth.
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B. Wayne Hughes, a sharecropper’s son who became a billionaire pioneering warehouses for Americans needing storage space, is buying thousands of houses to rent as more people find homeownership out of reach.
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Entergy Corp. has ruled out a cyberattack as a cause of the blackout that interrupted the Super Bowl.
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Entergy Corp. and New Orleans Superdome manager SMG are focusing on fuses and circuit breakers that monitor the flow of electricity to the dome as they investigate the cause of a blackout during yesterday’s Super Bowl.
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Lions Gate Entertainment Corp. relied on old-fashioned Hollywood schmoozing, legal wrangling and a stock deal with a friendly board member to fend off billionaire Carl Icahn ’s almost two-year hostile pursuit.
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Carl Icahn , the billionaire investor attempting to take control of Lions Gate Entertainment Corp. , told a Canadian court that the independent film studio conspired with several large shareholders to thwart his bid.
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Lions Gate Entertainment Corp. , the independent film and TV producer, has approached creditors of ailing Metro-Goldwyn-Mayer Inc. to help shape a plan to acquire the studio, two people with knowledge of the situation said.
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Lions Gate Entertainment Corp. , the independent film and TV producer, has approached creditors of ailing Metro-Goldwyn-Mayer Inc. to help shape a plan to acquire the studio, two people with knowledge of the situation said.
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Lions Gate Entertainment Corp.’s so-called poison pill has the support of 61 percent of shareholders with about two-thirds of votes cast, Vice Chairman Michael Burns said.
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