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Entertainment One says not approached by ITV

Published 2016-04-14, 03:48 a/m
© Reuters.  Entertainment One says not approached by ITV
ITV
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ETO
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April 14 (Reuters) - Entertainment One Ltd ETO.L said on
Thursday it had not received any approach, a day after Bloomberg
reported that British commercial TV broadcaster ITV Plc ITV.L
was pursuing a takeover of the Canadian company.
Entertainment One shares were up nearly 12 percent at 177.5
pence in morning trade, while ITV shares were up as much as 1
percent at 243.4 pence on the London stock Exchange.

ITV, Britain's biggest commercial free-to-air broadcaster,
has been in talks with Entertainment One and no final decision
has been made, Bloomberg reported on Wednesday citing sources
familiar with the situation.
Based in Toronto with its shares listed in London,
Entertainment One's high-profile partnerships in recent years
include those with DreamWorks Studios and production company
Mark Gordon Co.

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