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Business

Mergers & Acquisitions

Private equity company KKR is considering a bid for eOne after the company rejected a takeover bid from ITV. The Sunday Times named other potential suitors as ProSieben and Vivendi, as well as the potential for ITV to increase its offer.

Walmart will buy Jet.com and its Hayneedle home furnishings subsidiary by yearend for approximately $3 billion in cash.

Spin Master acquires Swimways, establishing itself as a key player in the outdoor and sports toys category with the $85 million purchase.

Boat Rocker Media acquires Canada-based animation company Jam Filled Entertainment to grow its family and kids content. Jam Filled’s founding partners will retain their current titles and Jam Filled will continue to operate under its current brand.

Hancock Fabrics’ intellectual property has been sold to crafts retailer Michaels Stores at $1.325 million.

Time Warner is now a 10% owner of Hulu, joining Disney, 21st Century Fox and Comcast. As part of the deal, Turner’s networks, including TBS, TNT, CNN, Cartoon Network, Adult Swim, truTV, Boomerang and Turner Classic Movies, will be available live and on-demand on Hulu’s new live streaming service.

Emerald Expositions has acquired The International Gift Exposition in the Smokies (IGES) from M&M Gift Shows.

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