Entertainment One on Thursday confirmed it has secured overwhelming shareholder approval to allow Hasbro to complete its planned $4 billion all-cash takeover of the Canadian indie studio.
eOne said 99.9 percent of its shareholders approved, either in person or via a proxy vote, the deal during an annual and special shareholders meeting in Toronto. Hasbro will not hold its own special shareholders meeting to okay the transaction, and the toy maker's board of directors has already voted to back the deal to acquire eOne.
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