Canadian company Entertainment One on the move again, to be sold to Lionsgate
In a strategic move, Hasbro has inked a deal to sell its eOne television and movie business to Lionsgate for approximately $500 million US. This transaction comes just four years after Hasbro’s acquisition of eOne for $4 billion. Under the terms of the agreement, Lionsgate will pay $375 million in cash and assume production financing … Read more