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Liberty Global And Discovery Up Stake In Lions Gate

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Mani
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Liberty Global, the John Malone-controlled group, and Discovery Communications strengthened their ties with Lions Gate Entertainment, with each of them purchasing a 3.4% stake in the firm from MHR Fund Management.

MHR Fund Management, the investment vehicle of Mark Rachesky, will however remain the biggest shareholder of Lions Gate.

Liberty Global And Discovery Up Stake In Lions Gate

John Malone doubles his stake in Lions Gate

As outlined by ValueWalk, last February, media mogul John Malone swapped a portion of his Starz shares for an almost 3.5% stake in Lions Gate Entertainment and a seat on the board.

Lions Gate Entertainment

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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