secwatch.observer — SEC 8-K summary
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Issuer:     HASBRO, INC. (HAS)
CIK:        0000046080
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0000046080-24-000005
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hasbro completes eOne film/TV sale to Lionsgate for $375M; to retire $400M debt
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- Sale of eOne film/TV business to Lionsgate closed Dec 27, 2023 for $375M cash plus assumption of production loans.
- Proceeds expected to retire approx $400M of floating rate debt.
- Recorded $473M pre-tax non-cash loss on assets held for sale in Q3 2023.
- Hasbro retains entertainment development for its core brands under Blueprint 2.0.
- J.P. Morgan and Centerview Partners served as lead financial advisors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46080/000004608024000005/0000046080-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46080/000004608024000005/has-20231227.htm
  HTML page:      https://secwatch.observer/filing/0000046080-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer