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Lionsgate Exploring Deal to Acquire STX Entertainment

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Lionsgate is exploring a potential acquisition of some or all of STX Entertainment

announced last month to the private equity firm Najafi Companies, for $173 million. There are other bidders interested in STX, a source familiar with the matter says.some or all of STX’s film library last year.

STX, run by CEO Bob Simonds, would be uncoupled from Eros if a new deal comes together.
 

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