Entertainment One stock leaps on sale possibility


Shares in Entertainment One (eOne) jumped 25% yesterday after the media company, which produces and distributes TV programmes and distributes movies, confirmed it was considering its options having received several approaches from unnamed parties.

Unconfirmed reports suggested Disney and Viacom were among the interested parties and the rumored asking price was in the region of £400 million (€460 million). eOne’s TV output includes The Walking Dead and upcoming series The Firm and Hell on Wheels.