Bob the Builder Faces Bidding War

Summary


A bidding war for Bob the Builder is brewing after his owner confirmed two further approaches aimed at scuppering a planned pounds 489 million takeover.

Hit Entertainment, whose other brands include Thomas the Tank Engine and Pingu, said it had received two "unsolicited early stage approaches" and that other potential buyers had requested information.

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Extract


Bob the Builder Faces Bidding War

One of the advances came from Lions Gate Entertainment, the US media giant behind children's favour...

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