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Report: Starz looks for a lush takeover offer

Nov. 23, 2014 8:20 PM ETStarz (STRZA) StockLGF.A, STRZA, PARABy: Clark Schultz, SA News Editor7 Comments
  • Starz (NASDAQ:STRZA) is talking to media companies about a buyout in the $5B range, according to the New York Post.
  • The target deal price is a lush 46% premium over the current market cap on Starz.
  • CBS (NYSE:CBS) and Lions Gate (LGF) have both shown an interest, say sources.
  • If an outright sale isn't worked out, a strategic partnership could also be in the works as Starz looks to edge into the streaming world

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