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

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.

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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.
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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 …
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