Toronto 2011: Entertainment One Received Buyer Interest

Summit Entertainment

The Canadian producer and "Twilight" distributor is considering its options, which includes a possible sale of the company.

TORONTO -- Entertainment One could be on the auction block after the Canadian producer confirmed Tuesday that it is “considering its strategic options.”

That includes a possible sale of the Toronto-based company after buyer interest emerged.

J.P.Morgan and Credit Suisse are on board board to sift through possible bids or other options for the Toronto-based company.

“There can be no certainty that an offer will be forthcoming for the company,” Entertainment One said in a statement Wednesday.

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