Is Lionsgate on the hunt for the Lion?

December 05, 2007 Speaking at the annual UBS Global Media & Communications Conference in New York, he expressed interest in content assets that "private equity fought over and is rotating out of." Several Wall Street attendees at the conference took this as a signal from deal and finance expert Burns that Lionsgate would like to do some sort of a deal with the current owners of MGM. Nonetheless, a couple of banking sources wouldn't rule out the chances for a merger of equals or an acquisition of at least a controlling stake in MGM with some creative financial structure down the line.

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