Hasbro Buy-out

Discussion in 'Transformers News and Rumors' started by thedreaded1, Jun 24, 2010.

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  1. thedreaded1

    thedreaded1 Well-Known Member

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    Hasbro, Inc. is in early talks with private-equity firm Providence Equity Partners on the possibility of a leveraged buyout and taking the company public, reports The Wall Street Journal.

    According to people familiar with the matter, it is still in the early stages and the deal is not definite yet.

    Hasbro declined to comment and Providence Equity did not respond to requests for comment. A pricetag was not disclosed. Hasbro has a market cap of approximately $6 billion, significantly above the typical buyouts between $1 to $4 billion this year.

    A leveraged buyout is when a third party purchases a controlling stake in a company, paid mainly through borrowed money.

    From TNI
    Hasbro In Early Talks of Leveraged Buyout - Hasbro - ToyNewsI.com
     
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    Abrogate Nondescript Former Poster

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