JAKKS Pacific (JAKK) agrees to repurchase $80M in stock at a price of at least $20 a pop and...

|About: JAKKS Pacific, Inc. (JAKK)|By:, SA News Editor

JAKKS Pacific (JAKK) agrees to repurchase $80M in stock at a price of at least $20 a pop and increase the size of its board as it negotiates with large shareholders gearing up for a proxy fight. Shares +5.7% premarket.