Comment on ITV Withdraws Its Bid to Acquire Entertainment One

ITV Withdraws Its Bid to Acquire Entertainment One

LONDON — ITV has withdrawn its bid to acquire Entertainment One, citing disagreement over what it thinks the Canadian-based company is worth. Entertainment One had rejected a $1.3-billion offer from ITV earlier this month, saying that the amount “fundamentally undervalues the company and its prospects.” While some expected that ITV would increase its bid, the...

 

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