News Formal

Lionsgate Closing In On eOne Acquisition As Hasbro Q2 Earnings Call Nears

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Speculation is intensifying that Lionsgate is getting closer to a deal to acquire the Hasbro-owned Entertainment One. The timing is not coincidental. Hasbro is set to report second-quarter 2023 ear…

Sources close to the situation caution that, while there is an effort to close the deal by Thursday, negotiations are ongoing and they may not be completed in time for the Hasbro earnings announcement. Reps for Hasbro and Lionsgate declined comment or did not respond to a request for comment.

M&A — and all dealmaking — in Hollywood has slowed down amid overall economic woes and two strikes against the studios, one by the WGA and one by SAG-AFTRA.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 109. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America upgrades Hasbro, says new 'Magic: The Gathering' cards will boost earningsThe bank upgraded the stock to buy from neutral on Monday, and increased its price target to $85 from $68.
Source: CNBC - 🏆 12. / 72 Read more »

All3Media Being Eyed by Mediawan, Banijay, Sony After ITV Pulled Out of Acquisition (EXCLUSIVE)All3Media, the production-distribution giant behind “Fleabag,” “The Traitors” and Jamie Dornan-starrer “The Tourist,” will return to the sales block in September after ITV backed away from a …
Source: Variety - 🏆 108. / 63 Read more »