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Hollywood's Most Talented Dog: First Annual Golden Collar Awards [SLIDESHOW]
By | August 30, 2011 5:52 PM EDT
Investor Carl Icahn agreed to sell his stake in Lions Gate Entertainment Corp (LGF.N) and the parties ended litigation against each other, the company said on Tuesday.
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Shares of Lions Gate fell 7.8 percent in after-hours trading.
Under the agreement, Carl Icahn and his son, Brett, have agreed to sell up to 44 million shares of Lions Gate at $7 per share.
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