Seeking Alpha

DreamWorks (DWA -2.1%) is acquiring Classic Media, owner of Lassie, Rocky and Bullwinkle, and...

DreamWorks (DWA -2.1%) is acquiring Classic Media, owner of Lassie, Rocky and Bullwinkle, and other family-oriented brands, for $155M in cash from a P-E firm. The deal will be financed using a combo of existing cash and DreamWorks' credit facility. Classic owns the rights to over 450 movies and 6,100 TV episodes. For the fiscal year ending Feb. 29, it posted revenue of $82.2M, and operating income of $19.2M.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs