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Hasbro reports 136% profit jump in 2019

PAWTUCKET – Hasbro Inc. reported a 136% boost in profit in 2019, to $520.5 million, or $4.05 per diluted share, according to a company...
HASBRO EARNED a profit of $520.5 million in 2019. / BLOOMBERG NEWS FILE PHOTO/JEENAH MOON

Hasbro reports 136% profit jump in 2019

PAWTUCKET – Hasbro Inc. reported a 136% boost in profit in 2019, to $520.5 million, or $4.05 per diluted share, according to a company...
SOME RHODE ISLAND companies have put a ban on business travel to and from China as a result of the coronavirus outbreak. / BLOOMBERG NEWS FILE PHOTO/YIFAN DING

R.I. businesses respond to coronavirus outbreak

PROVIDENCE – As the coronavirus outbreak soars to more than 24,000 cases in China, Rhode Island businesses with ties to the country are orchestrating...
PBN FILE PHOTO/MICHAEL SALERNO

Most-read stories on PBN.com, Dec. 2019

1. Three Stop & Shop locations sold in R.I. as part of $150M East Coast investment POSTED ONLINE: DEC. 26 Three Stop & Shop...
HASBRO completed its acquisition of Entertainment One Ltd. this week. / COURTESY HASBRO INC.

Hasbro completes acquisition of eOne

PAWTUCKET – Hasbro Inc. completed its acquisition of Entertainment One Ltd., the company announced this week. The deal was valued at about $3.8 billion in...

2 R.I. companies among WSJ’s 2019 Management 250

PROVIDENCE – Two Rhode Island-based companies made The Wall Street Journal’s Management 250 list for 2019, released Nov. 25. The ranking, developed by the Drucker...
HASBRO RANKED among the top 100 companies on the Wall Street Journal's Management 250 in 2019./ COURTESY HASBRO INC.

2 R.I. companies among WSJ’s 2019 Management 250

PROVIDENCE – Two Rhode Island-based companies made The Wall Street Journal’s Management 250 list for 2019, released Monday. The ranking, developed by the Drucker Institute,...
HASBRO reported that a net of $9756.1 million in a public offering of common stock closed Friday. / COURTESY HASBRO INC.

Hasbro nets $976M in stock offering

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...
STEADY GROWTH: Richard Davia, managing director of creative and branding at (add)ventures, and Carli Kabilyo, assistant director of design and branding, add Post-it notes to a board at the company’s new offices in East Providence. / PBN PHOTO/RUPERT WHITELEY

Multidisciplinary focus on clients keeps (add)ventures consistently growing

2019 PBN Business Excellence Awards EXCELLENCE AT A MIDSIZE COMPANY: (add)ventures It’s been a good three decades for the Providence-based multi­disciplinary brand-culture and communications...
HASBRO INC. has moved a step closer to finalizing its acquisition of multimedia company Entertainment One. The deal is expected to give Hasbro's long line of toys and characters increased international exposure through additional film, television, and music platforms. / COURTESY HASBRO INC.

Entertainment One shareholders approve acquisition by Hasbro

PAWTUCKET – Shareholders voted Thursday to approve the proposal for Pawtucket-based toymaker Hasbro Inc. to buy Entertainment One Ltd. for $4 billion, Hasbro announced...

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