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Lionsgate Shareholders Reject Latest Icahn Offer

By Hilary Russ ( June 1, 2010, 4:51 PM EDT) -- Shareholders of Lions Gate Entertainment Corp. have again rejected a tender offer from billionaire investor Carl Icahn, who on Tuesday redoubled his efforts to grab the company by extending his $7 per share tender offer and removing a condition that set a baseline for the number of shares he's willing to purchase....

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