Hasbro to Acquire Entertainment One Adding Brands and Expanding Storytelling Through Global Entertainment
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 £5.60 in cash for each common share of eOne, which represents a 31% premium to eOne’s 30-day volume weighted average price (VWAP) as ...
