Hasbro Inc. plans to purchase an entertainment company that holds the rights to children's entertainment properties 'Peppa Pig' and 'Pj...
Hasbro Inc. HAS, -1.00% plans to purchase an entertainment company that holds the rights to children's entertainment properties "Peppa Pig" and "Pj Masks" in a deal that values the company at roughly $4 billion. Hasbro said Thursday afternoon it has agreed to acquire Entertainment One Ltd. ETO, +1.19% for 5.6 pounds a share, which equates to roughly $4 billion.
"The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro's portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling, which will now include Hasbro's IP," Hasbro Chief Executive Brian Goldner said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Monopoly maker Hasbro to cut plastic use in toy packagingHasbro is giving plastic packaging the boot.
Leer más »
White House drops attempt to cancel foreign aidThe White House has dropped its attempt to move forward with a controversial plan to eliminate up to $4 billion in foreign aid funding, several officials confirmed Thursday.
Leer más »
Two big numbers — $4 billion and $47 billion — sum up WeWork's business model and the risky reason it could collapse in a recessionThe two numbers illustrate just what kind of business it's in — and their huge difference in size show its risks.
Leer más »
SiriusXM Launches $4 Streaming Plan for StudentsSiriusXM has now joined the ranks of music streaming platforms with a discounted subscription for college students
Leer más »
Unmasking The Hidden Billionaire Behind A Korean Beauty KingdomIn little more than two years, South Korean Kim Jung-woong, 44, pushed aside giant competitors with skincare masks that China can't stop buying.
Leer más »
Monopoly maker Hasbro to cut plastic use in toy packagingHasbro is giving plastic packaging the boot.
Leer más »