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Business Matters: Spin Master is buying Melissa & Doug for US$950 million

Spin Master Corp. announced a deal on Wednesday to buy U.S.-based toy company Melissa & Doug for US$950 million in cash. Spin Master is best known for its Paw Patrol and Rubik’s Cube brands. Kyle Benning has more on this as well as Canadian grocers calling for a pause in milk prices and Exxon Mobil doubling down on fossil fuels as energy prices surge.

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