Hasbro’s $3.8BN deal to acquire film and TV studio Entertainment One has been given the green light by the UK’s antitrust body. The Competition and Markets Authority said in November that it would …
The Competition and Markets Authority said in November that it would investigate the takeover — which was— to establish whether it results in a “substantial lessening of competition” in the UK.
The CMA said it would decide this month whether to clear the merger or escalate its investigation into a more detailed Phase 2 probe, involving a 24-week review. It has opted to waive through the takeover. “The CMA has cleared the anticipated acquisition by Hasbro Inc. of Entertainment One Ltd. The full text of the decision will be available shortly,” the CMA said.
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