NEWS

Hasbro DreamWorks merger off

Published on: 17th November 2014

A potential merger between Hasbro and DreamWorks Animation has apparently been Hasbro-logo300abandoned after news of the plans resulted in the US toy company’s stock price dropping dramatically.

According to various US reports, negotiations have broken down after Hasbro was allegedly concerned by the 6.1% fall in its stock price once the news broke, while various media commentators were sceptical about whether the creation of Hasbro-DreamWorks made sense. According to observers, DreamWorks’ asking price of $35 a share was another hurdle that the companies could not overcome,

Speculation remains, however, that negotiations could restart at some point in the future.

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