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Acquisition
 3 Months Ended
Mar. 31, 2014
Acquisition

22. Acquisition

On February 28, 2014, Mattel announced a definitive agreement for its acquisition, through a wholly-owned subsidiary, of MEGA Brands, Inc. (“MEGA Brands”), a Canadian corporation. The acquisition of MEGA Brands will build upon Mattel’s portfolio of brands by expanding into the construction building sets and arts and crafts categories. The agreement provides for the acquisition of MEGA Brands for approximately $460 million, including net debt to be assumed or repaid by Mattel, or C$17.75 per common share. The acquisition will include all of the outstanding common shares and warrants of MEGA Brands. Consummation of the acquisition is subject to customary closing conditions. The acquisition is expected to close in the second quarter of 2014.