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SNMSF / Spin Master acquires Melissa & Doug for US$950M

Spin Master acquires Melissa & Doug for US$950M
Toronto-based children's entertainment giant Spin Master announced Wednesday that it is acquiring early childhood play company Melissa & Doug for US$950 million, sending its shares higher. Spin Master, which is known for brands including Paw Patrol, Bakugan, Kinetic Sand and Rubik's Cube, said the acquisition is strategic and complementary, adding U.S.-based Melissa & Doug's wooden toys to its early childhood offering. Read More
Posted: Oct 11 2023, 14:57
Author Name: Proactive Investors
Views: 112325

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