DreamWorks shares plunge after merger talks with Hasbro end

The Independent indicates shares in 'How to Train Your Dragon' and 'Shrek' animation studio DreamWorks plunged yesterday after media reports suggested Hasbro's takeover bid has been scrapped.

Shares slumped 14 percent, the biggest one-day loss since the company went public in 2004.

Tensions reportedly emerged between chief executive Jeffrey Katzenberg and Hasbro over a possible valuation. DreamWorks is said to have wanted $3 billion.

Read more from The Independent.