On December 30, 2019, Hasbro and Entertainment One completed their agreement under which Hasbro acquired eOne in an all-cash transaction valued at approximately £3.3 billion or US$4 billion. Under the terms of the agreement, eOne shareholders will receive £5.60 in cash for each common share of eOne, which represents a 31% premium to eOne’s 30-day volume weighted average price (VWAP) as of August 22.
Entertainment One is a global independent studio that specializes in the development, acquisition, production, financing, distribution and sales of entertainment content.
Osler, Hoskin & Harcourt LLP advised Entertainment One with a team led by Emmanuel Pressman and Alex Gorka and consisting of Brett Anderson, Rosalind Hunter, Claire Dunn (Corporate), Peter Glossop, Kaeleigh Kuzma (Competition/Antitrust & Foreign Investment), Firoz Ahmed and Drew Morier (Taxation), Richard Borins (Financial Services) and Kelly Moffatt (Intellectual Property).
Key Contact
National Co-Chair, Toronto
Team
Partner, Corporate, Toronto
Partner, Corporate, Toronto
Partner, Corporate, Toronto
Partner, Competition/Antitrust and Foreign Investment, Calgary
Partner, Tax, Toronto
Partner, Financial Services, Toronto
Partner, Commercial, Toronto