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Speculation about a takeover had led to a rise in the Canada-based firm's share price."eOne's stock is down 13 at 217p, well below the 236p ITV had been willing to pay but above where it was trading before news of the bid was confirmed.Image copyright PA, iTV has withdrawn its 1bn offer to buy Entertainment One, the company that makes the Peppa Pig TV programme.Its library is valued at more than 1bn.Entertainment One had previously rejected the offer, saying it undervalued the firm.In all, the company has 4,500 hours of TV programming and 45,000 juegos online ganar dinero 3d music tracks.Start your free trial).Clearly it feels eOne was demanding too high a price said Neil Wilson, markets analyst at ETX Capital.Contribute to This Page, stream Popular Action and Adventure Titles With Prime Video.ITV said it still believed in the logic of the deal but that the value it placed on the company was different to Entertainment One's.Entertainment One owns more than 40,000 film and television titles, including last year's Oscar-winning Spotlight and AMC drama Fear the Walking Dead.Shares in the company dropped 13 following the news that ITV had abandoned its pursuit of the firm.Edit, details, release Date: 15 December 2005 (USA see more ».Company Credits, production Co: Grey Goose Entertainment, RadicalMedia, see more show more on, iMDbPro »."ITV just wasn't prepared to fatten up its bid for Entertainment One.
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The popular children's animation Peppa Pig has taken the market by storm.
Private equity firm KKR were reportedly also interested in buying Entertainment One.
"It appears this value is different to the level at which the Board of eOne would currently engage in a more formal process the statement said.
Investors may be hoping for another suitor said Mr Wilson.