Hasbro Officially Denies Buyout Rumors

Discussion in 'Transformers News and Rumors' started by TheBigMachine, Jun 23, 2010.

  1. TheBigMachine

    TheBigMachine Initiating JAZZ HANDS!

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    This from the Wall Street Journal here. And quoted here:

    OFFICIAL STATEMENT FROM HASBRO:Hasbro : Investor Relations : News Release
     
    Last edited by a moderator: Jun 25, 2010
  2. Ikkstakk

    Ikkstakk Well-Known Member

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    So... would this be a good thing... or a bad thing?:dunce 
     
  3. Biotoakid

    Biotoakid I've never been wrong

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    Ditto, will this mean smaller budget, or larger budget?
     
  4. SCPrime

    SCPrime Well-Known Member

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    for toy making? Wouldn't change a thing.

    Edit: I read it wrong. The private company wants to buy Hasbro? Instead of Hasbro trying to buy out stock holders? Is that what's going on? This might be bad...
     
  5. Bgrngod

    Bgrngod Autocon

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    When companies go private it can be both good and bad. They no longer have to give a crap about the concerns of the stock holders, such as hitting quarterly profits every quarter no matter what. This lets them think more about long term goals etc. They can have higher business expenses in one quarter (and be in the red) in an effort to see more profits in a later quarter. However, they are beholden to the private buyers in terms of needing to be profitable. Most private firms allow companies that they've bought to focus on long term goals. They are in it for a long term investment so as long as the company is profitable, and preferably more profitable, in the long run they don't care.

    I'd say for Hasbro, this is a good thing. But that's just my armchair analysis.

    It's entirely possible that if this kind of deal goes through Hasbro would be given the flexibility to focus on more long term, and much larger, projects.
     
  6. SCPrime

    SCPrime Well-Known Member

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    Whether it be stock holders or private buyers, the bottom line is still profit. However, I am concerned that the private buyer, since they are probably a handful of decision makers (instead of a bunch of stock holders), might want to meddle in the decision making of Hasbro.
     
  7. msterling21

    msterling21 Well-Known Member

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    Providence in Talks to Buy Hasbro? Not So Fast - DealBook Blog - NYTimes.com

     
  8. Ikkstakk

    Ikkstakk Well-Known Member

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    This is the main reason I was thinking this might be a good thing.

    ....Aaaannd this is the main reason I was thinking this might be a bad thing.
     
  9. Thundershot

    Thundershot The guy with 28 Sweeps

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    Just leave well enough alone! I like the status quo!
     
  10. ORIO

    ORIO Plant-Based Bot Super Mod News Staff

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    The company I work for went private over a year ago and many, many, many layoffs ensued.

    My main concern is for Hasbro employees. :( 
     
  11. TheBigMachine

    TheBigMachine Initiating JAZZ HANDS!

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    Don't Worry :wink:  ! Hasbro says not in buyout talks
     
  12. Lock Cade

    Lock Cade Tarn Fangirl TFW2005 Supporter

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    *Reads through thread and sees that Hasbro is not in buyout talks*

    Phew... had me worried there for a moment.
     
  13. megatronkicksas

    megatronkicksas Well-Known Member

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    This is bad.

    EDIT: Nevermind it's all good.
     
  14. RedAlert Rescue

    RedAlert Rescue Banned

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    Hasbro shed Thousands of staff already.

    I doubt there's much fat to trim.
     
  15. MegaMoonMan

    MegaMoonMan www.megamoonman.com TFW2005 Supporter

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    Honestly, if Hasbro got bought out and for some reason quit making so many damn TFs my wallet would be very happy, making ME very happy.

    Less is more IMO.
     

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