ITV to pursue takeover of Canada's Entertainment One - Bloomberg

Wed Apr 13, 2016 7:46pm EDT
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April 13 (Reuters) - British commercial TV broadcaster ITV PLC is said to be pursuing a takeover of Canada's Entertainment One Ltd, Bloomberg reported on Wednesday, citing people familiar with the matter.

ITV, Britain's biggest commercial free-to-air broadcaster, has been in talks with Entertainment One; no final decision has been made, Bloomberg said.

It also said the talks may not result in a deal, citing the sources familiar with the situation.(

Spokesmen for ITV and Entertainment One were not immediately available for comment.

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 (Reporting by Sneha Teresa Johny in Bengaluru; Editing by Jonathan Oatis)