Notable Mergers and Acquisitions of the Day 9/25: (DISCA)/HAS) (HAWK) (IG)/(AZN) (LH)/(LPDX) - InvestingChannel

Notable Mergers and Acquisitions of the Day 9/25: (DISCA)/HAS) (HAWK) (IG)/(AZN) (LH)/(LPDX)

* On September 23rd, 2014, Hasbro, Inc. (Nasdaq: HAS), Discovery Communications, LLC (Nasdaq: DISCA) and Discovery’s parent, Discovery Communications, Inc.(“DCI”), amended their relationship with respect to HUB Television Networks LLC (the “Network”), their cable television joint venture which operates The HUB Network in the United States.

Prior to the amendments each of Hasbro and Discovery owned a 50% equity interest in the Network. Pursuant to these amendments Discovery has increased its equity interest in the Network to 60%, and Hasbro retains a 40% equity interest in the Network. The change in equity interests was accomplished partly through a redemption of