Starz (STRZA) and Lions Gate (LGF) May Merge

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Starz (STRZA) and Lions Gate (LGF) are reportedly in talks to merge into one company.

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According to Los Angeles Times, Starz and Lions Gate have been talking with each other about a merger for months and are in the advanced stage of those talks. This information comes from four unnamed sources that are close to the matter.

The new company would be ran by Lions Gate executives, but LGF reportedly said that it would work to find a role for Starz CEO Chris Albrecht at the new company. Rumors that the two entertainment companies were looking to merge started earlier this year, L.A. Times notes.

Variety claims that merger talks between Lions Gate and Starz aren’t currently in progress. It cites insiders at both companies and a senior investor of LGF stock. However, this investor did confirm that there has previously been talk of a merger between the two.

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