Heard this blurb on the radio on my way into work this morning, and found this over at The Wall Street Journal.
"Private-equity firm Providence Equity Partners has held preliminary discussions with Hasbro Inc., one of the world's largest toymakers, to take the company private in a leveraged buyout, people familiar with the matter said.
The talks, whose status is unclear, are still in their early stages and may not lead to a deal, some of the people said. Other people familiar with the matter cautioned that the discussions, which had advanced over several weeks, could have come to a temporary halt given the uncertainty in the markets. Hasbro has a market capitalization of about $6 billion. A leveraged buyout of Hasbro, an S&P 500 company that owns the G.I. Joe, Transformers and Nerf brands, would mark the year's largest private-equity deal."Read more right here over at
WSJ.com.
