DreamWorks’ talks dead­lock

The Star Early Edition - - BUSINESS REPORT -

HAS­BRO’S talks to ac­quire DreamWorks An­i­ma­tion SKG, the stu­dio that pro­duced the Shrek films, have ended with­out agree­ment, ac­cord­ing to a per­son with knowl­edge of the sit­u­a­tion. The dis­cus­sions never ad­vanced beyond a pre­lim­i­nary stage and a first meet­ing, said the per­son, who sought anonymity. DreamWorks had been seek­ing a sale price of more than $30 (R331) a share, peo­ple fa­mil­iar with the mat­ter said ear­lier. It is based in Glen­dale, Cal­i­for­nia. – Bloomberg

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