He acknowledged that eOne brought a lot of assets to the table.
Hasbro is retaining the Family Brands division, which houses franchises likePeppa PigandPJ Masks.
And I think its right for Hasbro.
Hasbro’s Marvel Spidey and His Amazing Friends action figures, a preschool hit.Hasbro
It frees up a lot of management focus and frees up some cash for us.
And I think from an investment perspective, it is much easier to understand the business.
Lionsgate has said it expects to close by year end.
Hasbro bought eOne in 2019 for $4 billion.
It sold the companys music business to Blackstone in 2021 for $385 million.
