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Lions Gate Entertainment Shares Trending Higher On M&A Chatter

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Courtesy of Benzinga.

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Shares of Lions Gate Entertainment Corp. (USA) (NYSE: LGF) were trending higher Monday morning amid M&A chatter.

Early Monday, the Dalian Wanda Group Chairman Wang Jianlin announced the firm has been in discussion with Lions Gate about acquiring a stake in the company.

The Chinese firm currently owns a majority stake in AMC Theaters.

Shares of Lions Gate were recently up 2.8 percent at $34.85 on Monday morning.

Posted-In: Dalian Wanda Group Wang JianlinNews Rumors M&A Pre-Market Outlook

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