I hear there are two other suitors, private equity firmCVC CapitalPartnersand distributorGoDigitalMedia Group.
Deadlinereported a month agothat Fremantle also was among the bidders.
The process has been described by sources as not being very robust.
Its current stage would fit into the time frame Hasbro CEO Chris Cocksprovided in February.
We expect to have an update in the second quarter, he said at the time.
Hasbro previouslysold eOnes music businessto private equity firm Blackstone in 2021 for $385 million.
The pursuit of eOne is driven largely by potential buyers interest in acquiring revenue and library titles.
Buying eOne would fit into that.
That deal is expected to be completed by the end of its fiscal second quarter in September.
Luxembourg-based CVC Capital Partners is one of the top five private equity companies in the world.
GoDigital Media Groups interest in eOne is surprising many because of the companys profile to date.
Additionally, eOne continues to distribute third-party titles.
Peter White and Dade Hayes contributed to this report.
