Benzinga | Aug 24, 2021 02:02PM EDT

PlayMonster Partners With Hasbro's Playskool Brands On Preschool Category

* PlayMonster LLC entered a partnership with Hasbro Inc's (NASDAQ:HAS) Playskool brand to engage toddlers and grow its preschool category in 2022 and beyond.

* Both companies will work together to expand and broaden the Playskool brand, bringing new ways to learn and play within the Playskool portfolio.

* The partnership will deploy ways to engage parents and kids through brands like Playskool Weebles, Playskool Glo Friends, Playskool Little Wonders, and The Original MagnaTab.

* PlayMonster Playskool brands will be widely available across retail, starting early 2022.

* Price Action: HAS shares are trading higher by 0.41% at $97.57 on the last check Tuesday.