LOS ANGELES, Oct 9 (Reuters) - Steinberg Asset Management LLC said on Thursday it filed an early warning report with Canadian securities regulators confirming its control over nearly 15 percent of Lions Gate Entertainment Corp (LGF.N: Quote, Profile, Research, Stock Buzz).
Steinberg now owns some 17.3 million shares, or 14.72 percent, of common shares in Lions Gate, maker of the "Saw" horror movie franchise and cable TV shows such as "Weeds" and "Mad Men."
Steinberg said it purchased the shares for various separately managed accounts and has no intention of influencing the management or the direction of the U.S. independent television and movie studio. (Reporting by Gina Keating, editing by Richard Chang)
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