Radio / Television News

DHX Media confirms unusual unsolicited bid from unknown Sakthi Global Holdings; deal far from certain

HALIFAX - DHX Media said Tuesday that Indian company Sakthi Global Holdings has made an unsolicited offer for the company.A statement from the children's content and brands company confirmed that it has “received communication” of an unsolicited merger proposal from Sakthi Global Holdings, but has not been able to verify that company’s ability to carry out a transaction.DHX Media added that it will consider and evaluate any formal offer, but cautioned that can be no certainty that a transaction will take place with Sakthi Global Holdings or any other party.  The company's board of directors will consider and evaluate any formal offer that...