Lionsgate Studios shares are in focus Wednesday after Netflix denied a report that it was interested in acquiring the Hollywood studio.
Lionsgate Studios Corp.
(NYSE:LION) shares are in the spotlight Wednesday after Netflix denied a report that it was interested in acquiring the Hollywood studio.
The Report Semafor reported Tuesday that Netflix Inc.
(NASDAQ:NFLX) is one of several companies that may be interested in buying Lionsgate Studios, citing a person familiar with the matter.
No formal indication of interest has been submitted, and spokespeople for both companies declined to comment at the time of the report.
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