Investors sniff counter offer for Peppa Pig producer

Peppa Pig-owner Entertainment One’s shares rose more than 30%, to a record high, yesterday, surpassing the price agreed by the company’s board with US toy maker Hasbro, in a sign that investors see some chance of a counter offer.

Investors sniff counter offer for Peppa Pig producer
Sat, 24 Aug, 2019 - 07:30
Reuters

By Tanishaa Nadkar, Noor Zainab Hussain and Nivedita Balu

Peppa Pig-owner Entertainment One’s shares rose more than 30%, to a record high, yesterday, surpassing the price agreed by the company’s board with US toy maker Hasbro, in a sign that investors see some chance of a counter offer.

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