Lionsgate planning to acquire Miramax: report

.....

The New York Post newspaper reported Monday that while rival studios "pursue the bigger fish (MGM)", Lionsgate might wind up being the only bidder for Miramax, and a direct deal with Disney would be far easier to negotiate than one with the five owners and more than 100 creditors who must approve any MGM deal.

It said that Lionsgate is not likely to bid USD 700 million at first because it would risk upsetting its principal stakeholder, activist investor Carl Icahn, who has previous chastised the studio's principal executives for their tactics in previous negotiations.