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Film News: Billionaire criticizes management in letter to board — Carl Ichan’s blistered the management of Lionsgate and officially notified the minimajor that he’ll launch a proxy fight to take over the board of directors.

Film News: Studio turns down billionaire’s proxy fight — Lionsgate has officially turned down Carl Icahn’s revised bid, asserting that his offer remains financially inadequate.

Film News: Mogul extends offer to buy studio yet again — In an escalation of hostilities, Carl Icahn’s announced plans for a proxy fight to take over Lionsgate.