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Hasbro Inc Announces Purchase of Majority Interest in Backflip Studios


Monday, 8 Jul 2013 01:15pm EDT 

Hasbro Inc announced the acquisition of a majority stake in Backflip Studios. The Boulder, Colorado based company develops some of the mobile industry`s games including DragonVale, NinJump and Paper Toss. Hasbro paid $112 million in an all cash transaction for 70% of the company. 

Company Quote

55.05
0.4 +0.73%
28 Jan 2015