Travel & Entertainment M&A » By The Online Investor Staff, updated Sun., Apr. 28, 11:44 AM
Recent mergers and acquisitions in the Travel & Entertainment M&A category.
Slide #7. DHX Media Ltd. — Epitome group of companies
Acquirer: |
DHX Media Ltd. (DHX.CA) |
Acquiree: |
Epitome group of companies |
Details: |
DHX Media Ltd. ("DHX" or the "Company") (TSX: DHX), a leading independent creator, producer, distributor and licensor of children and youth entertainment content, has acquired the Epitome group of companies ("Epitome"), producer of Degrassi, the international hit teen-drama series, and other youth-oriented properties. The purchase price is approximately $33 million, inclusive of excess cash in Epitome at closing which will be determined as a post-closing adjustment, payable as to approximately $19.5 million from cash on hand and the remainder through the issuance of 2,915,263 DHX shares. The shares are subject to a six month lock-up agreement. DHX expects the transaction to be accretive to net earnings per share for fiscal 2015. |
DHX Media is engaged in developing, producing and distributing films and television programs for the domestic and international markets.
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April 28, 2024 11:44 AM Eastern
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