Lionsgate Vice Chair On CEO’s Recent Stock Purchase – “I Swear He Bought It Because He Went To The Set” Of Michael Jackson Biopic

Execs belive Lionsgate stock is undervalued with the two businesses combined.

Beyond boosting shareholder value, Burns implied a takeover of either or both is certainly possible when they split.

I think there are less interested parties [for] both companies combined.

Michael Jackson performs at Super Bowl XXVII, 1993Getty

So I think its going to be interesting year or two.

Could be sooner, could be later when everybody says lets figure out what that strategic alliance looks like.

So I do think soe of these mergers that have been talked about and the big players?

I mean, come on, the Justice Department didnt approve Simon & Schuster.

So I think thats a bunch of crap.

But do I think there are assets that can be moving around between companies?

Yeah, I do.