Hasbro Adopts Anti-Takeover Measures: Toy manufacturer Hasbro...

Hasbro Adopts Anti-Takeover Measures: Toy manufacturer Hasbro Inc. said it has adopted measures to stave off potentially hostile takeover bids after rumors the company might become a target. The measures do not prohibit sale of the company, but effectively give shareholders the right to buy Hasbro stock at a discount in the event of a hostile takeover bid. The move follows the hospitalization of Hasbro Chairman Stephen D. Hassenfeld, 47, for treatment of pneumonia, which has stirred rumors the company might be sold if he does not return to work.