Hasbro Buying Power Rangers, Other Brands in $522M Deal - NBC10 Boston
National & International News
The day’s top national and international news

Hasbro Buying Power Rangers, Other Brands in $522M Deal

The buyout announced Tuesday includes My Pet Monster, Popples, Julius Jr., Luna Petunia, Treehouse Detectives and other brands

Find NBC Boston in your area

Channel 10 on most providers

Channel 15, 60 and 8 Over the Air

    processing...

    NEWSLETTERS

    Hasbro Buying Power Rangers, Other Brands in $522M Deal
    Daniel Zuchnik/Getty Images for Saban Brands
    Saban Power Rangers pose with fans during New York Comic Con 2017 Day on Oct. 6, 2017, in New York City. Toy manufacturer Hasbro is buying the Power Rangers, along with other brands, in an $522 million deal from Saban.

    Hasbro is buying the Power Rangers and some other toy brands from Saban Properties in a cash-and-stock deal valued at $522 million.

    The announcement comes after Saban Brands picked Hasbro Inc. as the master toy licensee for the Power Ranger line in February. The approximately $22.3 million Hasbro paid toward the licensing agreement will be credited to the acquisition.

    The Mighty Morphin Power Rangers, a television series about a group of teenagers that turn into superheroes, was created by Haim Saban, founder of Saban Brands.

    Aside from the Power Rangers, the buyout announced Tuesday includes My Pet Monster, Popples, Julius Jr., Luna Petunia, Treehouse Detectives and other brands. The first set of products from Hasbro will be available next spring.

    Survivor of Santa Fe HS Shooting: 'I Was Scared for My Life'

    [NATL] Survivor of Santa Fe High School Shooting: 'I Was Scared for My Life'

    Dakota Shrader, a student from Santa Fe High School, describes what happened when shots were fired during her morning history class. Multiple people died during the shooting.

    (Published Friday, May 18, 2018)

    The acquisition is expected to close in the second quarter.


    Get the latest from NBC Boston anywhere, anytime:

    App

    Download our FREE app for iPhone, iPad and Android. You can also follow us on Facebook, Twitter and Instagram, and sign up for our e-mail newsletters.