Special Report on
Hostile Take-Over Investing
Hostile Take-Over Investing - Trends
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March 23 (Bloomberg) -- Lions Gate Entertainment Corp., maker of the “Saw” horror films, turned down Carl Icahn’s hostile bid to buy the studio for $6 a share, calling the proposal “financially inadequate and coercive.” Stockholders should reject Icahn’s offer and not tender their shares, the board of the Vancouver-based company said today in a statement. Separately, Lions Gate put in a second- round bid for the Metro-Goldwyn-Mayer Inc. film studio, according to a person with knowledge of the situation. Icahn, 74, is seeking to block Lions Gate from acquiring MGM, which put itself up for sale ...
High Desert Gold Corporation has a portfolio of gold properties in the US and Mexico. After its IPO in 2007, High Desert was the target of a hostile take-over bid in 2008. High Desert has emerged intact and is now moving forward on the Gold Springs Project on the Nevada/Utah border and the Canasta Dorada Project in Sonora Mexico. Gold Springs – Nevada and Utah, USA The Gold Springs Project is divided between eastern Lincoln County, Nevada and Western Iron County, Utah. It covers an estimated 4,780 acres, and consists of 250 unpatented lode claims. The Company announced that drilling ... Read More
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