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Children's
entertainment firm Hit Entertainment is said to have entered
the race to acquire another kids firm Chorion which owns the
literary rights to properties like Noddy, the Agatha Christie
novels.
 Earlier,
media baron Waheed Alli made a £111m bid for Chorion
in conjunction with equity firm 3i. However Hit is believed
to have submitted an offer worth £117m media, reports
indicate.
It
is thought Hit could justify such a price as it will be able
to create significant cost savings in sales, management and
distribution.
Professional
members participating are - Atul Kasbekar, Ashok Salian, Israr
Qureshi, Suresh Natarajan, Jatin Kampani, Sharvini Patel,
Sameer Parekh, Ian Pereira, Nrupen Madhvani, Jagdish Mali,
Jignesh Jhaveri, Dilip Bhatia, Mahesh Hiremath, Madhur Shroff,
Prasad Naik, David D'souza and Adil Jain among others.
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