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Peanuts Characters Acquired by Teletubbies Owner DHX Media

Charlie Brown and Snoopy are moving to Canada, with Nova Scotia-based media company DHX Media Ltd. acquiring the entertainment division of a company with a majority stake in the Peanuts brand.

DHX Media, which owns rights to popular children’s television programs including Teletubbies and Caillou, said Wednesday it has agreed to pay $ 345 million to buy the division from Iconix Brand Group Inc.

Iconix holds an 80% controlling…

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WSJ.com: US Business