Hasbro’s $4 Billion eOne Buy Under UK Antitrust Investigation

The deal announced in August which would see Hasbro (My Little Pony, Transformers) acquire Canadian indie studio Entertainment One (Peppa Pig, PJ Masks) for $4 billionis being investigated by the U.K.’s antitrust body.

The Competition and Markets Authority said Thursday that it will examine the agreement and assess whether it would mean a “substantial lessening of competition” in the U.K. The investigating body has set a January 21 deadline to decide whether to move into a more in-depth Phase 2, 24-week review.

[Source: Deadline]