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Published: Sept. 5, 2023 at 5:14 p.m. ET
By Sabela Ojea
Liberty 77 Fund has acquired a stake in Lions Gate Entertainment and has proposed spinning off its studio enterprise as a separate public firm.
The fund supervisor agency led by former U.S. Treasury Secretary Steven Mnuchin stated on Tuesday that it now owns a 5.5% shareholding within the mass media and leisure firm and may make…
By Sabela Ojea
Liberty 77 Fund has acquired a stake in Lions Gate Entertainment and has proposed spinning off its studio enterprise as a separate public firm.
The fund supervisor agency led by former U.S. Treasury Secretary Steven Mnuchin stated on Tuesday that it now owns a 5.5% shareholding within the mass media and leisure firm and may make options regarding the issuer’s operations.
Liberty 77 has proposed to call the spinoff LG Orion Holdings.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
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