EL SEGUNDO (dpa-AFX) - Mattel, Inc. (MAT) said it completed the acquisition of HIT Entertainment from a consortium of funds led by Apax Partners for $680 million in cash. Mattel stated that the acquisition combines its global marketing, distribution and brand management capabilities with HIT Entertainment's global programming and licensing expertise to accelerate growth of the combined portfolio. HIT Entertainment is an independent children's entertainment producers and rights-owners.
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