Cookie Jar/AG deal off - Licensing.biz

Cookie Jar/AG deal off

Kidscreen reports that proposed $195m deal for Care Bears and Strawberry Shortcake will not go through.
Author:
Publish date:

US-based website Kidscreen has reported that the expected sale of American Greetings' Care Bears and Strawberry Shortcake properties to Cookie Jar Entertainment will now not happen.

An American Greetings spokesperson told Kidscreen Daily: "These are very difficult economic times and the original deal with Cookie Jar is no longer viable. We are still looking at other options as our intent is still to sell the Care Bears and Strawberry Shortcake properties at this time."

Cookie Jar had agreed to purchase the two properties last summer for $195m.

Related

Featured Jobs