Dreamworks Animation Skg Inc Jumps On Hasbro Buyout Report

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Dreamworks Animation Skg Inc Jumps On Hasbro Buyout Report

The toy-maker of such hits as Transformers, Hasbro, Inc. (NASDAQ:HAS) has seen a bit of a revival over the past five to six years, as the Transformer movies bring in nice royalty checks and toy sales begin to bottom out.  Today, however, news broke that Hasbro had approached Dreamworks Animation Skg Inc (NASDAQ:DWA) on a possible acquisition deal.  Neither company has commented on the potential deal yet, as both sides continue to negotiate and attempt to reach a deal and valuation for Dreamworks.  The only real information we have right now on the potential valuation the deal would give Dreamworks is the fact that Dreamworks CEO, Jeffrey Katzenberg, is looking for the deal to value the animation movie maker over $30 a share.

Dreamworks’ acquisition dance

Dreamworks Animation Skg Inc (NASDAQ:DWA) has been doing to acquisition dance for weeks now.  Just a