Spin Master Announces Acquisition of GUND

Spin Master Corp. (TSX:TOY; www.spinmaster.com), a leading global children's entertainment company, is pleased to announce the purchase of GUND, the oldest soft toy brand in the United States, from Enesco LLC, a portfolio company of Balmoral Funds, a private equity firm.

Established in 1898, GUND is one of the leading plush toy manufacturers in the world, recognized by the American Brand Council as one of the most trusted toy brands in the U.S. Universally known and loved for its iconic "Gotta Getta GUND" campaign, the brand connects effortlessly with multiple generations of people who have shared special moments of their lives with this affordable luxury.

Will Disney Swallow Up Hasbro Next?

Last night my good friend Heidi MacDonald (of The Beat) asked me if I knew anything about the rumors that Disney would be snapping up Hasbro next on their way to owning every awesomely geeky thing on the planet that I love. Being a dork..and a geek...it was not within me to just answer "No". Here's what I replied...