Category Archives: Humor

Drowning in unsold Rose Tico toys, Hasbro finds life raft by acquiring Power Rangers

This past Tuesday, toy maker Hasbro agreed to acquire several children’s entertainment franchises from Saban Entertainment including the Power Rangers for around $520 million in cash and stock. The deal follows some tough financial times for Hasbro, who is looking to diversify their revenue streams outside of toys following a loss of $112.5 million last quarter ending 1 April. The

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