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Icahn Announces Tender Offer for Lions Gate's
Reported by Jay Cochran - 11:01 AM 2009.03.13


Carl C. Icahn announced today that certain of his affiliated entities (the "Icahn Group"), which collectively hold approximately 14.5% of Lions Gate Entertainment Corp.'s outstanding common shares, intend to commence a tender offer to purchase for cash any and all of the $150,000,000 aggregate principal amount of Lions Gate Entertainment Inc.'s 2.9375% Convertible Senior Subordinated Notes due 2024 and any and all of the $175,000,000 aggregate principal amount of Lions Gate Entertainment Inc.'s 3.6250% Convertible Senior Subordinated Notes due 2025 (collectively, the "Notes"). The terms and conditions of the tender offer will be set forth in an Offer to Purchase, Letter of Transmittal and other related materials to be distributed to holders of the Notes and filed with the SEC as exhibits to the Icahn Group's Schedule TO and with the Canadian securities authorities on SEDAR.






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