U.K. Competition Watchdog to Examine Hasbro’s $4 Billion Deal for Entertainment One
www.imdb.com- Author: Stewart Clarke
- November 21,2019
Britain’s competition watchdog will investigate Hasbro’s $4 billion takeover of Entertainment One.
The Competition and Markets Authority said Thursday that it would examine whether the intended acquisition of eOne would result in a “substantial lessening of competition” under U.K. rules. The Cma was deeply involved in scrutinizing the sale of Sky, which was ultimately bought by Comcast at an unusual auction.
Toy giant Hasbro announced a surprise $4 billion all-cash deal for film and TV studio eOne in August. As well as movie and drama production and distribution, eOne owns the smash-hit kids’ property Peppa Pig.
When it announced the deal,
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The Competition and Markets Authority said Thursday that it would examine whether the intended acquisition of eOne would result in a “substantial lessening of competition” under U.K. rules. The Cma was deeply involved in scrutinizing the sale of Sky, which was ultimately bought by Comcast at an unusual auction.
Toy giant Hasbro announced a surprise $4 billion all-cash deal for film and TV studio eOne in August. As well as movie and drama production and distribution, eOne owns the smash-hit kids’ property Peppa Pig.
When it announced the deal,
Click here to See Full article
