Lionsgate, a motion picture and television studio, completed the acquisition of eOne, a Canadian multinational entertainment company, from Hasbro, a toy and game company, for $500m. "The acquisition of eOne checks off all the boxes in areas that play to our core strengths. It will be immediately and highly accretive, adds a world-class library with thousands of properties, strengthens our scripted and unscripted television business and continues to expand our presence in Canada and the UK. The deal is the culmination of our long-standing relationship with the immensely talented team at eOne, and it continues to build our position as one of the world's leading independent content platforms with a stockpile of great intellectual properties and a unique, non-replicable portfolio of assets," Jon Feltheimer, Lionsgate CEO.