Lionsgate leaning toward spinning off its studio business instead of Starz [Mergers]

In a securities filing Wednesday morning, the company confirmed it “remains on a path” toward separating the two businesses and has shifting its thinking toward a studio spin.
In recent months, Lionsgate has held talks to sell a 20% stake in Starz to a number of potential buyers, including most recently Vivendi-owned Canal+, the people said, who asked not to be named because the discussions are private.

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