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Lions Gate Files New Complaint Against Icahn Over MGM Studios

Lions Gate Entertainment Corp. filed an amended complaint against billionaire Carl Icahn, reiterating that he was “secretly plotting” to profit from merging the studio with Metro-Goldwyn-Mayer Inc. while telling investors the deal would be a “debacle.”

Icahn should correct his misstatements, compensate Lions Gate investors and pay damages for interfering in the company’s plans, the studio said in a Dec. 3 filing in U.S. District Court in Manhattan.

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