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BUZZ-Entertainment One: ITV withdraws proposal to buy co

Reuters - UK Focus

** Peppa Pig-owner Entertainment One (Other OTC: ENTMF - news) 's shares down 14.3 pct in volume, largest FTSE midcap losers, after ITV (Frankfurt: A0BLQP - news) drops bid to buy co

** Worst day for Entertainment One stock in nearly 9 months

** ITV says it withdraws proposal as its view of Entertainment One's value is different to that of the co's board

** ITV shares turn higher, up 2.1 pct to highest since Brexit vote; stock near top of FTSE 100 and largest gainers on the Stoxx 600 Media Index (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)