Toymaker Jakks Pacific Inc. (JAKK) Monday said it has completed the acquisition of Hong Kong-based Moose Mountain Toymakers Limited, a leader in the sale and manufacture of foot to floor ride-ons, wagons, tents, safe soft play environments, arcade pinball games and sports arcade products.
The business includes licenses for well-known characters and brands, including Disney, Fisher-Price, Sesame Street, Thomas & Friends, Kawasaki, Nickelodeon and Hasbro, and its children's product lines are complementary to JAKKS Pacific's wide-ranging product portfolio.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.