Shares in Peppa Pig owner surge, analysts eye counter bidders

(Reuters) - Shares in Peppa Pig and PJ Masks-owner Entertainment One rose 33% to a record high on Friday, surpassing the $4 billion (£3 billion) price tag agreed with U.S. toy maker Hasbro , in a sign that investors see a chance of a counter offer. The deal agreed by the Nerf and Power Rangers-maker was four times the 1 billion-pound takeover offer which eOne rejected from UK commercial broadcaster ITV in 2016 as undervaluing the company. Some analysts, however, suggest the deal may not..