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LoginNews on the 23rd, Beijing time,Toy giant Hasbro and "Peppa Pig" parent company Entertainment One Ltd announced today that they have reached a definitive acquisition agreement。
According to this agreement,Hasbro to acquire Entertainment One for £3.3 billion (approximately $4 billion) in cash,Shareholders of this company will receive 5 shares of common stock.188bet Online Sports Betting and Casino £60 cash,31% premium to the company’s 30-day volume weighted average price (VWAP) as of August 22, 2019。
Hasbro Corporation emphasizes,By adding Entertainment One’s family of brands,Excellent film and television expertise,and senior executive team,Will accelerate the company’s brand blueprint strategy,Improve company growth prospects and long-term profitability。
Also,Hasbro said that this transaction will bring the preschool brand "Peppa Pig", which is loved by children around the world, into its portfolio,will strengthen the company’s strong brand portfolio,It will also greatly improve the company’s storytelling capabilities,And TV、Franchising capabilities for film and other media。
188bet app Sina US stocks, original title: "Toy giant Hasbro will acquire the parent company of "Peppa Pig" for US$4 billion》
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