Nelvana Acquires Kids Can
Toronto, Canada-based animation company Nelvana Limited has completed the acquisition of 100% of the shares of Kids Can Press Ltd., a Canadian publisher of children's books. One of Kids Cans properties is Franklin, the story of a turtle which Nelvana has already turned into an animated series. The $6.1 million (CAN) acquisition now gives Nelvana access to Kids Cans library of over 250 children's book titles. One of these, titled Elliot Moose, is currently being developed for an animated television series.
