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Corporate

Oct. 26, 2011

Latham advises Barbie-maker in acquisition

Mattel Inc. has agreed to pay $680 million in cash to acquire HIT Entertainment from a group led by Apax Partners,


By Henry Meier


Daily Journal Staff Writer


LOS ANGELES - Move over, Ken. Barbie has some new friends in town.


Mattel Inc. has agreed to pay $680 million in cash to acquire HIT Entertainment from a group led by Apax Partners, the companies announced Monday.


The deal gives Mattel several lucrative brands that HIT controls, including the Thomas & Friends train engine empire, the No. 1 licensed preschool brand in the world. HIT also ...

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