Rumors of a Hasbro Buyout
by News | posted at 2010-06-23 23:24:00
tagged: MTG, Magic, Magic the Gathering, Hasbro
The Wall Street Journal is reporting that Hasbro, the parent company of Wizards of the Coast, is in discussions for a potential buyout by Providence Equity Partners. According to the article, the talks are in their early stages and may not necessarily lead to a finalized deal. But what does it all mean for Magic?
With the game at the height of its success, it's difficult to imagine any deal that wouldn't treat the game seriously. Hasbro's market capitalization was reported to be at $6 billion by the Wall Street Journal.
Read more from the Wall Street Journal here.
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