Planned Chorion in-house buyout aims to speed up TV development

Chorion's U.K.-based management team, with the help of international private equity firm 3i, tabled a hefty bid to take the company private in late February. The hope is to get the house of classic preschool series Noddy de-listed from the London Stock Exchange and cut the time it's been taking for the company to bring new kids properties to market. An estimated US$195 million bid has been recommended to shareholders by Chorion's non-executive board members.
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April 1, 2006

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