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Hasbro's Entertainment Sale to Lionsgate
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Hasbro completes the sale of its Entertainment One film and TV business to Lionsgate for $375 million in cash, enabling the retirement of approximately $400 million of floating rate debt. The transaction is part of Hasbro's Blueprint 2.0 strategy, focusing on developing and producing entertainment based on its Hasbro brands.
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How might the sale of Entertainment One impact Hasbro's position in the toy and game industry?
In what ways does Hasbro's commitment to corporate citizenship and ethical practices influence its business decisions and partnerships?
What challenges or opportunities might arise from Hasbro's focus on developing and producing entertainment based on its Hasbro brands?
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