Summit Bought by Lionsgate Finally, Lionsgate and Summit Entertainment (Ender’s Game movie production company) have closed a huge merger deal, involving $412.5 million in cash and stock and the assumption of Summit’s $500 million debt. Variety reports that the deal … Continue reading
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Summit Entertainment in Merger TalksAbout a month ago, reports surfaced that the Ender’s Game production company, Summit Entertainment, was in merger talks with two similarly-sized studios. These two studios are Lions Gate Entertainment and Miramax Films. The Los Angeles Times now … Continue reading