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Hasbro buys Power Rangers for $522M

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Hasbro Inc. agreed to buy the Power Rangers brand and several others from Saban Properties LLC for $522 million.

Through the deal, Hasbro also will obtain My Pet Monster, Popples, Julius Jr., Luna Petunia, Treehouse Detectives and other brands.

The move follows Hasbro's $22.3 million deal in February to license Power Rangers for toys and games.

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