Activist investor Anson Funds Management has taken a stake in Lionsgate (LGF.B) (LGF.A) Studios (LION) and is speaking with the studio about ways to unlock value, reported Bloomberg’s Crystal Tse. Anson believes Lionsgate Studios is undervalued and that the company should consider a range of options, including a potential sale, after it completes a separation from the Starz cable and streaming service, Bloomberg quotes Sagar Gupta, the firm’s head of activism and a portfolio manager, as having said.
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