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Shares of Lionsgate (LGF -4.6%) are lower in the wake of the peace pact with Carl Icahn on...

  • Wednesday, August 31, 2011, 10:55 AM ET
    Shares of Lionsgate (LGF -4.6%) are lower in the wake of the peace pact with Carl Icahn on concerns about plans for tens of millions of shares to hit the market, but Wall Street generally seems pleased. Cowen views it as "an overall significant positive for LGF shares. The sale will remove the overhang of Icahn’s position and [puts] the dispute behind."
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