Entertainment One no longer up for sale

Hopes that film and TV content distributor Entertainment One would put itself in the ship window have been dashed, with the firm's management keener on being the hunter rather than the hunted.

Hopes that film and TV content distributor Entertainment One would put itself in the ship window have been dashed, with the firm's management keener on being the hunter rather than the hunted.

As part of the company's review of strategic options, the board has considered various proposals that have been made for all or parts of the group and has concluded that no one is prepared to pay a fair price for the company. As such, the board is no longer considering the outright sale of the business. On the contrary, it is evaluating a number of acquisition opportunities, it said.

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