Found via the Allspark: Hasbro Closes Acquisition of Saban Properties’ Power Rangers and other Entertainment Assets.
Hasbro, Inc. (NASDAQ: HAS) today announced it has closed the previously announced acquisition of Saban Properties’ Power Rangers and other Entertainment Assets. The transaction was funded through a combination of cash and stock valued at $522 million.
So, it’s done. I’m not really sure how I feel about it, either. We’ll apparently be getting our first Power Rangers products from Hasbro in the spring of next year. I’m wondering just what sort of changes we’ll see with the line or how this may affect the television show. We’ll see next year, I guess.