Mattel To Acquire HIT Entertainment For $680M

by Monica Gerson, Benzinga Staff Writer

October 24, 2011 6:06 AM | 12 seconds read | Make a Comment

Mattel Inc

MAT

announced its plans to buy HIT Entertainment for $680 million in an all-cash deal. Mattel expects the deal to close in first-quarter 2012. Mattel shares gained 1.58% to close at $27.69 on Friday.

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Posted In: News M&A Consumer Discretionary Leisure Products merger and acquisition

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