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Hasbro In Talks to Buy DreamWorks Animation?
November 14, 2014
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It was widely reported this week that toymaker Hasbro is in talks to acquire DreamWorks Animation. If it happens, it would give Hasbro an extremely valuable new outlet for its products, which include popular toys like Transformers and Fluttershy. According to the NY Times, DreamWorks CEO Jeffrey Katzenberg is asking for payment as a mixture of cash and shares (priced at $30 each, much higher than the current share value of $22.37), and would stay with the company after the acquisition. Get all the details on the potential Hasbro/DreamWorks deal here.
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