Out There First to acquire Alex Brands.

Out There First, a toy manufacturer, agreed to acquire Alex Brands, a toy company. Financial terms were not disclosed. "We are very excited to be joining the 'Out There First' family of companies. For decades, our iconic portfolio of brands has created a fun, learning environment for children of all ages. There is a strong cultural fit between our 2 companies, we are excited to leverage our world class talent with the buying power and operational efficiencies of 'Out There First' to drive strong revenue and profitable growth across all SBUs," Keith Gammon, Alex Global Products Managing Director.