Starz could turn into an ‘acquisition machine’ after Lionsgate spins it off

Lionsgate is planning a spinoff of Starz, home of “Outlander” and “Power,” by early next year.

Vivendi’s Canal Plus and private equity firm Apollo Global, in tandem with streaming distributor Roku, have both made preliminary bids for a 20% stake, sources say.

A deal could be announced as soon as August.

A publicly traded Starz may look to increase in size by targeting…