Mattel to add Thomas and Barney in $680-million deal
"Toy giant Mattel Inc. is adding pre-schooler favorite Thomas the Tank Engine, Barney and other childhood favorites to its massive toy chest in a $680-million deal, the company's largest purchase in a decade.
"Already the owner of brands including Barbie, Hot Wheels, and Fisher Price toys, Mattel announced Monday that it had agreed to buy the London firm HIT Entertainment with a combination of cash and debt from a British private equity firm."
"Toy giant Mattel Inc. is adding pre-schooler favorite Thomas the Tank Engine, Barney and other childhood favorites to its massive toy chest in a $680-million deal, the company's largest purchase in a decade.
"Already the owner of brands including Barbie, Hot Wheels, and Fisher Price toys, Mattel announced Monday that it had agreed to buy the London firm HIT Entertainment with a combination of cash and debt from a British private equity firm."
