On the back of the recent rumors that talks were underway between Hasbro and Disney about a possible Disney buyout of Hasbro, the Providence Journal reports a spike in Hasbro share prices. More importantly, there is also the closest we are likely to get to an official comment on matters right now:
Hasbro declined comment [in the Disney purchase rumor], citing its policy of not talking about rumor or speculation. CNBC analyst David Faber reported that Hasbro’s advisors told him there’s “absolutely nothing going on that they are aware of at all, in any way, shape or form” involving Hasbro or Disney.
Wall Street analysts said a Disney acquisition didn’t make much sense, just after Disney agreed to buy Lucasfilm Ltd. for $4.05 billion. And for any deal to happen, Hasbro would have to dissolve agreements with Disney’s competitors.
So there you have it. For now, consider the rumors of a Disney buyout debunked.