Hasbro, an American worldwide toy and board game company, completed the acquisition of Entertainment One, a publicly-traded Canadian multinational mass media and entertainment company, for $3.8bn. The cash consideration represents a 31% premium to eOne's 30-day volume-weighted average price as of August 22, 2019. "The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro's portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling, which will now include Hasbro's IP. In addition, Hasbro will leverage eOne's immersive entertainment capabilities to bring our portfolio of brands that have appeal to gamers, fans and families to all screens globally and realize full franchise economics across our blueprint strategy for shareholders. We are excited to welcome eOne's talented employees from around the world into the Hasbro family," Brian Goldner, Hasbro Chairman and CEO.