We now know the price that ITV (LSE: ITV) tabled in its bid to acquire TV, film, and music rights holder Entertainment One (LSE: ETO), and we also know that management rejected it. Will ITV come back with a higher offer — and should it?
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VIDEO: One Fool looks at ITV plc (LON:ITV)’s offer for Entertainment One Ltd (LON:ETO)
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
We now know the price that ITV (LSE: ITV) tabled in its bid to acquire TV, film, and music rights holder Entertainment One (LSE: ETO), and we also know that management rejected it. Will ITV come back with a higher offer — and should it?