Newly leaked emails reveal that Lions Gate (NYSE:LGF) execs tried to meet with Sony (NYSE:SNE) CEO Kazuo Hirai last summer to discuss a possible merger or acquisition. Hirai eventually declined a meeting although he expressed interest in possible cooperation on operational matters. Meanwhile, Sony is facing an ugly dilemma of whether to cave into the violent threats from hackers and pull The Interview from theaters, or to forge ahead, risking the possible violence. It has told theaters they can decide.
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