Godzilla meets John Wick? Legendary exploring deal to acquire Lionsgate
As first reported by Bloomberg, Legendary Entertainment is considering a potential deal to acquire Lionsgate Studios. This could bring the studios behind Godzilla, Dune, John Wick, and The Hunger Games under one roof.
Lionsgate officially split itself up back in May, with Starz and Lionsgate Studios going their separate ways. This was done in part to make it easier for both companies to pursue potential M&A deals. As for Legendary and Lionsgate, the word is that the two companies are looking into partnering on several films. It could set the stage for a more official acquisition offer if that goes well.
More to come…
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