DHX Media to acquire the entertainment division from Iconix Brand Group for $345m.

DHX Media, a Canadian media, animation studio, production, and brand licensing company, mostly associated as an entertainment company, agreed to acquire the entertainment division from Iconix Brand Group, an American brand management company that licenses brands to retailers and manufacturers for $345m. DHX Media, which owns rights to popular children’s television shows including “Bob the Builder” and “Teletubbies”, said the deal would be 6 percent to 10 percent accretive to earnings per share, on a pro forma basis.