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DreamWorks Animation Deal Talks Sabotaged By Anonymous Letter
Kim Masters and Paul Bond, Nov. 19, 2014, The Hollywood Reporter
The termination of merger talks between DreamWorks Animation and Hasbro has plunged the company behind Shrek and Penguins of Madagascar into a state of high anxiety.
The stalled Hasbro negotiation is the second in recent weeks to be leaked to the media only to be declared dead within 48 hours. THRrevealed Sept. 27 that Japan's SoftBank was interested in buying DWA for as much as $3.4 billion. Around that point, however, SoftBank CEO Masayoshi Son had started to cool to the idea. DWA was angling to sweeten the price when news of the talks broke and the potential deal was scuttled.
Read more: www.hollywoodreporter.com
The termination of merger talks between DreamWorks Animation and Hasbro has plunged the company behind Shrek and Penguins of Madagascar into a state of high anxiety.
The stalled Hasbro negotiation is the second in recent weeks to be leaked to the media only to be declared dead within 48 hours. THRrevealed Sept. 27 that Japan's SoftBank was interested in buying DWA for as much as $3.4 billion. Around that point, however, SoftBank CEO Masayoshi Son had started to cool to the idea. DWA was angling to sweeten the price when news of the talks broke and the potential deal was scuttled.
Read more: www.hollywoodreporter.com
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