Apax Partners looking to grow Hit's business

Merger opportunities being sought to significantly expand the firm, says The Telegraph.
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A report in The Telegraph has suggest that Hit Entertainment's owner, Apax Partners, is seeking out merger opportunities with the goal of expanding the company significantly this year.

According to the story, the private equity group is in the final round of the auction for Entertainment Rights, while it is also eyeing up a merger with Cookie Jar Entertainment.

The Telegraph believes that chief executive Jeff Dunn has a remit of making acquisitions by the end of 2009.

To read the fuill story, click here.


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