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Hasbro and Jakks Pacific have signed a deal where by the latter will make Halloween outfits for the former, report the Associated Press
Jakks Pacific costume unit inks deal with Hasbro
Jakks Pacific costume unit Disguise signs agreement with Hasbro for Halloween outfits
On Thursday June 10, 2010, 1:39 pm EDT
MALIBU, Calif. (AP) -- Jakks Pacific's costume unit, called Disguise, signed a three-year agreement with Hasbro to make Halloween costumes and accessories based on Hasbro brands such as Transformers and G.I. Joe.
Financial terms were not disclosed.
Disguise has created costumes for Hasbro in the past. Under the current agreement, the costume maker will make costumes related to the Transformers 3 movie, due out in 2011, as well as Hasbro board games such as Candy Land and Scrabble.
Shares of Jakks Pacific rose 4 cents to $13.77 at midday Thursday.
Shares of Hasbro rose $1.44, or 3.8 percent, to $39.85. They have has traded between $22.79 and $42.59 during the past year.
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