Hasbro Completes Sale of Entertainment One Film and Television Business to Lionsgate for $375 Million

[Tsing]

Hasbro, Inc. announced that it has completed the sale of its Entertainment One film and TV business to Lionsgate for a purchase price of $375 million in cash, subject to certain purchase price adjustments, plus the assumption by Lionsgate of production financing loans. Today’s announcement underscores Hasbro’s Blueprint 2.0 strategy; Hasbro will continue to develop and produce entertainment based on its rich vault of Hasbro brands.

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[Brian_B]

Won't lie, I would probably watch Tonka.