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Entertainment One to say it rejects ITV offer - FT

Wed, 10th Aug 2016 00:44

Aug 9 (Reuters) - Entertainment One Ltd will onWednesday reveal that it has rejected an offer from ITV Plc, the Financial Times reported late on Tuesday.

FT said it was unclear how much of Entertainment One ITV wasseeking to buy or the price it offered. (http://on.ft.com/2b6KQYu)

ITV, Britain's biggest commercial free-to-air broadcaster,was seeking a takeover of Canada-based Entertainment One,Bloomberg reported in April, citing people familiar with thematter.

A day later, Entertainment One issued a statement saying ithad not received an approach.

ITV and Entertainment One could not be reached for commentafter regular market hours. (Reporting by Ismail Shakil in Bengaluru; Editing by BernardOrr)

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