Entertainment

Lionsgate Stock Surges on Takeover Rumors

Updated 2026-10-20 19:50 UTC 1 source Positive

Shares of Lionsgate surged more than 15% after reports that Legendary Entertainment has made a takeover offer. The deal, if finalized, could significantly impact the standalone studio's future.

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Deadline

Liongate Stock Jumps On Report Of Takeover Offer By Legendary

Shares of Lionsgate surged more than 15% in afternoon trade on a report the company had received a takeover offer from Legendary Entertainment, which has been kicking the tires of the standalone studio for months. Deadline reported Legendary’s interest in June of 2025 after Lionsgate Studios s

2026-10-20 19:38 UTC