Lions Gate (LGF) is down 11% AH after the company says Carl Icahn will sell 44M shares,...

|About: Lions Gate Entertainment ... (LGF)|By:, SA News Editor

Lions Gate (LGF) is down 11% AH after the company says Carl Icahn will sell 44M shares, representing almost his entire stake in the company. As part of the agreement, both parties agree to dismiss outstanding litigation and release each other from future claims.