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Fly News Breaks for July 1, 2016
STRZA, LGF
Jul 1, 2016 | 08:15 EDT
Macquarie thinks that Lionsgate's (LGF) acquisition of Starz (STRZA) will be about 20% accretive to its 2017 estimates for Lionsgate. The firm says that the combined company's scope is impressive, and it expects the company to benefit significantly from IP monetization and "content exploitation." The firm keeps a $27 price target and Outperform rating on Lionsgate.
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