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Hasbro to Acquire Entertainment One Adding Brands and Expanding Storytelling Through Global Entertainment
Last hasbro, inc. earnings: 4/29 06:00 am
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US:NASDAQ Investor Relations: investor.hasbro.com/investor-relations
Accelerates Hasbro’s Brand Blueprint strategy by adding eOne’s family brands, exceptional, proven TV and film expertise and veteran executive leadershipAdds beloved global preschool brands, Peppa Pig and PJ Masks, as well as a slate of additional brands in development, including newly introduced Ricky Zoom, to Hasbro’s robust brand portfolioDramatically enhances storytelling capabilities and franchise economics in TV, film and other mediums to strengthen Hasbro’s brandsImproves Hasbro’s growth outlook and enhances long-term profitability through in-sourcing and cost synergies as well as future revenue growth opportunities PAWTUCKET, R.I. & LONDON--(BUSINESS WIRE)--Hasbro, Inc. (NASDAQ: HAS) and Entertainment One Ltd. (LSE: ETO) (eOne) today announced that they have entered into a definitive agreement under which Hasbro will acquire eOne in an all-cash transaction valued at approximately £3.3 billion or US$4.0 billion. Under the terms of the agreement, eOne shareholders will receive
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