This is the latest effort in Lionsgate’s campaign to take advantage of today’s low interest rates and reduce its annual interest costs. <img class="alignright size-200px wp-image-478550" title="Lionsgate_newlogo" src="https://s0.wp.com/wp-content/themes/vip/plugins/lazy-load-0.7/images/1x1.trans.gif" alt width="200" he…

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UPDATE 1:30 PM: Carl Icahn released the following reaction to Lionsgate shareholders today re-electing current Lionsgate management’s board of directors and not his own proposed 5 directors. from the sound of it, Icahn has zero intention of giving up:

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His $7.50-per-share offer had been set to expire Monday but has been extended to December 2. Icahn is the biggest shareholder in Lionsgate, at 33%. The offer expires on the same day that MGM is supposed to receive confirmation of its bankruptcy plan — Icahn owns 18% of MGM’s debt. Icahn has repeatedly criticized…