August 04, 2023
On August 3, 2023, Hasbro, Inc., a leading toy and game company, announced that it has reached a definitive agreement to sell its eOne film and TV business to Lionsgate for approximately $500 million, consisting of $375 million in cash, subject to certain purchase price adjustments, and the assumption by Lionsgate of production financing loans. Cravath is representing Hasbro in connection with the transaction.
The Cravath team is led by partners Daniel J. Cerqueira, Claudia J. Ricciardi and Faiza J. Saeed and includes associates Cole DuMond, Katharine E. Waldman and Carly B. Sadicario and foreign associate attorneys Daniel Mills and Caroline Alexandra Forschbach on M&A matters; partner Stephen M. Kessing and associate Courtney T. Seager on financing matters; partner Ronald E. Creamer Jr. and associate Emily R. Eskin on tax matters; partner Matthew J. Bobby, senior attorney Aaron S. Cha and associate Molly E. Nichols on executive compensation and benefits matters; partner David J. Kappos and associate Kathryn-Ann Stamm on intellectual property matters; partner John D. Buretta and of counsels Jesse M. Weiss, Megan Y. Lew and Benjamin G. Joseloff and foreign associate attorney Jokin Beltran de Lubiano on regulatory matters; partners Michael L. Arnold and Kimberley S. Drexler and of counsel Lisa M. Kohl on corporate governance matters; partner Matthew Morreale on environmental matters; and practice area attorney Brian M. Budnick on real estate matters.
Deals & Cases
June 08, 2022
On June 8, 2022, Hasbro, Inc., a global play and entertainment company, announced the preliminary results at the 2022 Annual Meeting of Shareholders, which indicate that Hasbro shareholders have voted, with a substantial margin, to re-elect all 13 of Hasbro’s directors to the Hasbro Board. Similarly, the Company’s say-on-pay proposal and auditor ratification were approved by the shareholders. Cravath is representing Hasbro in connection with this matter.
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