Hasbro nets $976M in stock offering

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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…

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