Lions Gate adds Liberty's Malone to board in Starz stock-swap deal

• Lions Gate Entertainment (LGF) is up 6.4% premarket with a stock exchange agreement that adds Liberty's John Malone to its board.
• The deal has Lions Gate exchanging 3.43% of its common stock for 4.51% of stock in Starz (NASDAQ:STRZA) held by Malone, who says the transaction "creates the potential for a number of strategic opportunities around the world" with LGF.