Here is the latest I hear on eOne. Lionsgate and Legendary (with Apollo) are still in contention to acquire a majority stake in the indie film and TV studio, which has been put up for sale.
I hear there are two other suitors, private equity firm CVC Capital Partners and distributor GoDigital Media Group.
Deadline reported a month ago that Fremantle also was among the bidders. According to sources, the indie is no longer pursuing eOne as the target price has climbed up beyond what they were willing to pay for the assets.
I hear the final bids are due by end of the month. Reps for Hasbro, Lionsgate, Legendary, CVC Capital and GoDigital had no comment or didn’t respond to requests for comment.
Read more on deadline.com
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