left-caret

NEWS

Saban Properties to Sell Power Rangers and Other Entertainment Assets to Hasbro, Inc.

May 01, 2018

3337809_saban_pr2926a76a23346428811cff00004cbded

Century City, CA – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Saban Properties on the proposed $522 million sale of the iconic Power Rangers brand as well as other entertainment assets to Hasbro, Inc. The combination cash and stock transaction is expected to close during the second quarter of 2018, and is subject to customary regulatory approvals and other closing conditions. In addition to Saban’s Power Rangers, the transaction also includes entertainment properties including My Pet Monster, Popples, Julius Jr., Luna Petunia and Treehouse Detectives.

The Paul Hastings team was led by Corporate partner David Hernand and associate Trevor Katende and also included Corporate associates Stuart Downey and Ryan Samii; Antitrust partner Scott Hataway and associate Sabin Chung; and Tax associate Amy Lawrence.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

Practice Areas

Corporate

Mergers and Acquisitions

Technology, Media and Telecommunications


SIGN UP FOR NEWS INSIGHTS

MEDIA CONTACTS

Corporate, Litigation, Real Estate, Intellectual Property, Life Sciences, and Employment

Becca Hatton

Paris

Katy Foster

Europe

Miranda Ward

Submission Requests

Firmwide Inquiries

Elliott Frieder