Quick Take
Sony Pictures Television (SNE) has announced the acquisition of Silvergate Media for $195 million.
Silvergate has developed several children's animated media series for television programming.
SNE’s stock has appreciated sharply in the past 12 months and may be fully valued at its current level, so my bias is NEUTRAL.
Target Company
London, UK-based Silvergate was founded to develop a variety of animated television productions for children.
Management is headed by co-founders CEO Lord Waheed Alli and Chairman Viscount William Astor, who has been with the firm since co-founded the firm in