DHX Media buys Vancouver's Nerd Corps for $57M

HALIFAX and VANCOUVER - DHX Media is buying Vancouver-based Nerd Corps Entertainment Inc. and its subsidiaries for approximately $57 million, the companies announced Tuesday.Founded in 2002, Nerd Corps and its team of approximately 400 artists, storytellers and management professionals produces and distributes original properties that include Endangered Species, Kate & Mim-Mim, League of Super Evil, Rated A for Awesome, Slugterra (pictured), and Storm Hawks. The transaction is anticipated to close by December 24, 2014.The deal includes Nerd Corps’ animation studio in Vancouver, which features five lines of production, as well as its interactive apps, gaming expertise, and licensing opportunities with...