© Reuters. FILE PHOTO: The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly
(Reuters) -Hasbro Inc said on Thursday it is looking to sell part of its eOne production unit, which makes TV shows including “Yellowjackets” and “The Rookie”, as the toymaker looks to streamline its business and focus on core brands.
The company bought eOne, maker the popular children’s TV show “Peppa Pig”, for about $4 billion in 2019. Hasbro (NASDAQ:) said Peppa Pig is not a part of the business that it is putting up for sale.
Hasbro shares rose marginally in premarket trading.
Be the first to comment