Toy Company to Buy DreamWorks?
Published at | Updated at(NEW YORK) — Shares of DreamWorks Animation SKG soared more than 20 percent on Thursday after media reports surfaced that Hasbro is in talks to buy the studio.
The global toy company has been looking to expand its entertainment division, while DreamWorks has moved into consumer products.
“A combination of the two companies could accelerate efforts at each to move beyond their core businesses,” reports The Wall Street Journal.
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