VTech Holdings said that it has entered into an agreement to acquire electronic toymaker LeapFrog in an all cash offer. The electronic learning toy maker will fund the acquisition with the internal resources.
DreamWorks Animation SKG Inc has begun a round of layoffs, a labor union said on Monday, while media reports indicated that up to 400 employees could be cut from the studio's workforce.
Hasbro Games remakes classic games and gains 19 percent increase in sales.
Hasbro and Disney announced that they have formed a better strategic merchandising affiliation for the Disney/Marvel properties.
Today, Hasbro Inc announced acquisition of Backflip Studios priced at US$112 million in an all cash transaction.
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