The offer marks a revival of previous takeover negotiations that had previously lapsed. While the specific financial terms of the bid were not disclosed in the proposal, the move represents a renewed effort by Legendary and the private equity firm Apollo to secure ownership of the studio.
Tuesday, October 20, 2026
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Legendary Submits Renewed Takeover Offer for Lionsgate
Business5 hours ago
Apollo and Legendary Entertainment have delivered a formal purchase proposal to the management of Lionsgate. The submission of the bid marks a coordinated push by the two entities to acquire the entertainment company.
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