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Lionsgate Acquires Summit, Studio Behind ‘Twilight’ Movies
nydailynews.com 4 weeks agoLionsgate Entertainment announced Friday that it had acquired Summit Entertainment, the studio behind the “Twilight” movie franchise in a $412.5 million cash and stock deal.
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It's Happened! Lionsgate Purchases Twilight Studio Summit Entertainment!
perezhilton.com 4 weeks, 1 day agoWelcome to UR new home, Twi-Hards! Earlier this week, we learned that Lionsgate was on the verge of acquiring Summit Entertainment for around $700 million! We had heard that $400 mill of that amount would be in cash, and the rest would take care of the debt that Summit brings with them. Now, Lionsgate has officially purchased Summit for $412.5 million!!!! Here's what Lionsgate Co-Chairman/CEO Jon Feltheimer and Vice Chairman Michael Burns had to say about the deal in a statement: "We are uniting two powerfu

















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