Brad Pitt’s Plan B Entertainment is exploring strategic options including a possible sale of all or part of the company, according to people familiar with the situation, following a wave of similar deals involving independent production firms.

The company, whose credits include Oscar-winning films such as “12 Years a Slave” and “Moonlight,” has retained boutique investment bank Moelis & Co. to explore a deal, the people said. There is no guarantee that the discussions will result in a transaction.

This post first appeared on wsj.com

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