Summit Entertainment
In September 2008, merger talks between Summit Entertainment and Lionsgate were the subject of media speculation, but no deal was finalized at that time. On February 1, 2009, it was announced that Lionsgate would acquire Summit Entertainment, along with its library of six films and rights to the "Twilight" franchise, but two days later, these merger negotiations broke down due to concerns over changing content. On January 13, 2012, Lionsgate acquired Summit Entertainment for $412.5 million. Peak Group Holdings was the biggest investor in Summit, with about a 48% stake. The Peak Group includes investments by Emilio Diez Barroso's Nala Films and entities that are close to the Omar Amanat family trust. Lionsgate continues to operate Summit Entertainment as a label.