Barbie manufacturer buys TV production company Hit
Mattel, the maker of Barbie, plans to acquire the British-American television production company HIT Entertainment, which is behind famous children's television series such as «Bob the Builder» and «Thomas & Friends.».
The world's largest toy manufacturer is offering 680 million dollars in cash for Hit, according to its own statements on Monday. The Hit share in the cable channel Sprout will not be taken over. Mattel does not expect the takeover to affect its results in the coming year. (SDA)
