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Wednesday, December 17, 2014

Deals of the day- Mergers and acquisitions, (NYSE: LGF), (NYSE: QIHU)

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday: ** Movie maker Lions Gate Entertainment Corp executives last summer tried to meet with Sony Corp CEO Kazuo Hirai to discuss a possible merger or acquisition, according to emails found in documents stolen by hackers.** Chinese internet firm Qihoo 360 Technology Co Ltd said it would invest $409 million in a joint venture with Shenzhen-based smartphone maker Coolpad Group Ltd .

Lions Gate Entertainment Corp. (Lionsgate) is a global entertainment company with a diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. Shares of LGF fell by 0.88% or $-0.27/share to $30.54. In the past year, the shares have traded as low as $24.54 and as high as $35.75. On average, 1428040 shares of LGF exchange hands on a given day and today's volume is recorded at 33173.

Qihoo 360 Technology Co. Ltd. is an Internet company in China. Shares of QIHU fell by 1.8% or $-0.9986/share to $54.52. In the past year, the shares have traded as low as $55.35 and as high as $124.42. On average, 2975890 shares of QIHU exchange hands on a given day and today's volume is recorded at 166215.



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