The Supreme Court of British Columbia has granted an order approving the full separation of Lions Gate Entertainment Corp.’s Studio and STARZ businesses into two independent, publicly-traded companies, the company announced. The separation is anticipated to take place tomorrow, Tuesday, May 6. Lionsgate (LGF.B) (LGF.A) Studios is expected to begin trading on the New York Stock Exchange under the ticker symbol “LION” on Wednesday, May 7, the company noted. Lionsgate (LGF.A, LGF.B) notes that it owns approximately 87% of the outstanding shares of Lionsgate Studios Corp. (LION).
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