Hasbro nets $976M in stock offering

HASBRO reported that a net of $9756.1 million in a public offering of common stock closed Friday. / COURTESY HASBRO INC.
HASBRO reported that a net of $9756.1 million in a public offering of common stock closed Friday. / COURTESY HASBRO INC.
PAWTUCKET – Hasbro Inc. closed its most recent public offering, selling 10.6 million shares and raising $976.1 million, the company announced Friday. The funds raised are intended to be used to finance the company’s pending $4 billion acquisition of Entertainment One Ltd, as well as pay related costs and expenses. If the company does not…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -