Lionsgate has agreed to acquire Starz for $4.4 billion in cash and stock, and including debt, to create what the company said would be a global content powerhouse.. The agreement, unveiled ...

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The partnership comes after Lionsgate’s Consumer Products business has merged its Global Live, Interactive and Location Based Entertainment into the newly-formed Global Products and Experiences.

Lionsgate said it will iron out the specifics of the deal, including number of new hires and studio timelines, in the near term. But the company has set a late-2020 start of operations in Yonkers.