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Sakthi Global Holdings offers to buy DHX Media

DHX Media Ltd. has received an unsolicited merger proposal from Sakthi Global Holdings.

The company said June 4 that its board will consider and evaluate any formal offer made. Sakthi Global Holdings has not responded to questions from DHX Media, and DHX Media has not been able to verify the ability of Sakthi Global Holdings to carry out a transaction.

DHX Media is a global children's content and brands company.