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Posted on Dec 10, 2010 in Games PR

Hasbro Moving from NYSE to NASDAQ

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Today Hasbro, Inc, listed on the New York Stock Exchange (NYSE) as HAS, has announced that it is voluntarily moving its stock listing from the NYSE to the NASDAQ.  Its listing will remain HAS.  Trading of its stock will commence on the 21st of December.  Hasbro is the parent company of Wizards of the Coast, which makes games that range from Magic: The Gathering to Dungeons & Dragons to Axis & Allies.  Hasbro also owns the Avalon Hill brand.

“The decision to transfer our stock listing reflects our strategy of re-imagining our business to maximize value for our shareholders,” said Deb Thomas, Hasbro’s Chief Financial Officer. “The NASDAQ and its listed companies are indicative of the innovation and forward-thinking Hasbro prides itself on. We are confident that the technology platforms, services and support of NASDAQ will best support Hasbro’s continued growth as a branded play company.”

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"NASDAQ OMX is proud to welcome such an imaginative and innovative company such as Hasbro to our exchange,” said Bruce Aust, Executive Vice President, Global Corporate Client Group, NASDAQ OMX. “The company has an in-depth understanding of how to develop innovative, versatile and immersive entertainment experiences across all of its world class brands. Hasbro’s on-going focus on re-imagining, re-inventing and re-igniting these brands ensures that they will be right at home with all the other dynamic, forward-thinking companies that chose to list on NASDAQ.”

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