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Lionsgate Fields Image Board Candidates

7 Jun, 2006 By: Erik Gruenwedel

Lionsgate has submitted a slate of six board candidates for consideration at Image Entertainment's annual shareholder meeting later this year.

Notable among the nominees is Eric Doctorow, former COO of distributor Ventura Entertainment, acquired this year by First Look Entertainment.

Lionsgate, which has unsuccessfully tried to acquire Image, submitted the nominees following a June 5 ruling by the Court of Chancery of the State of Delaware that found all seats on Image's board must up for re-election and that Image could not amend its bylaws or certificate of incorporation without shareholder approval.

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