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Slide #41. DHX Media — Ragdoll Worldwide
DHX Media (TSE:DHX.CA)
DHX Media Ltd. (TSX: DHX), a leading independent creator, producer, distributor and licensor of children's entertainment content, is pleased to announce its acquisition of Ragdoll Worldwide Ltd. ("Ragdoll") from BBC Worldwide and a group including the founder of Ragdoll, Anne Wood for GBP 17.4 million (approximately CAD $28.4 million) in cash, to be funded from a CAD $25 million expansion of DHX Media's current debt facility and the balance from cash reserves, including its revolving line of credit. DHX Media expects the transaction to be accretive to net earnings per share for fiscal 2014.
DHX Media is engaged in developing, producing and distributing films and television programs for the domestic and international markets.
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