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Lionsgate Vice Chair On CEO’s Recent Stock Purchase – “I Swear He Bought It Because He Went To The Set” Of Michael Jackson Biopic
Lionsgate CEO recently picked up shares. Vice Chair Michael Burns said it was after a visit the set of the studio's Michael Jackson biopic.
Michael Jackson performs at Super Bowl XXVII, 1993Getty Lionsgate CEO Jon Feltheimer recently picked up shares of the company on the open market and vice chair Michael Burns said today he thinks the purchase was spurred by a visit the set of the upcoming Michael Jackson biopic. “He is pretty fiscally conservative in many ways and so that was actually interesting to see him do it, and I swear he bought it because he went to the set — we are shooting the Michael Jackson movie on the Sony lot – and he just came back and just said, ‘This thing is going to be incredible’,” Burns said at a Deutsche Bank media conference today. Subscribe to Deadline Breaking News Alerts and keep your inbox happy.
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