Anson Funds Takes Lionsgate Studios Stake, May Push for Sale

Activist investor Anson Funds Management has taken a stake in the Lionsgate Studios Corp. and is speaking with the studio behind The Hunger Games and John Wick about ways to unlock value.

Anson believes Lionsgate Studios is undervalued and that the company should consider a range of options, including a potential sale, after it completes a separation from the Starz cable and streaming service, said Sagar Gupta, the firm’s head of activism and a portfolio manager.