Arab Today, arab today hasbro eyeing dreamworks animation
Last Updated : GMT 18:31:50
Arab Today, arab today
Arab Today, arab today

Hasbro eyeing DreamWorks Animation

Arab Today, arab today

Arab Today, arab today Hasbro eyeing DreamWorks Animation

US toy maker Hasbro
New York - AFP

US toy maker Hasbro is in talks to buy DreamWorks Animation -- the studio which produced the blockbuster series "Shrek", the New York Times reported.
Hasbro, known for such toys as Transformers and My Little Pony and board games like Monopoly, would pay a mix of cash and stock, the newspaper said, quoting people briefed on the matter.
No price has been set but Jeffrey Katzenberg, CEO of DreamWorks Animation, is seeking more than $30 a share. That would value the company at just over $2.6 billion, the Times said.
DreamWorks Animation shares closed Wednesday at 22.37 dollars in New York, giving the company a market capitalization of about $1.9 billion.
DreamWorks Animation is the largest independent animation studio in Hollywood.
The company was spun off in 2004 from DreamWorks Studios, founded by David Geffen, Steven Spielberg and Katzenberg.
It posts yearly revenue of about 700 million dollars and makes just a few films a year. But some of them, such as the "Shrek" series, "Kung Fu Panda" and "Dragon", have been huge box office hits.
In September the studio held talks with another prospective buyer, Japanese telecoms company SoftBank, but they did not yield an agreement.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hasbro eyeing dreamworks animation Arab Today, arab today hasbro eyeing dreamworks animation

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hasbro eyeing dreamworks animation Arab Today, arab today hasbro eyeing dreamworks animation

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday