8-K

                                 UNITED STATES

                    SECURITIES AND EXCHANGE COMMISSION

                         WASHINGTON, D.C.  20549


                                FORM 8-K

                             CURRENT REPORT

                   PURSUANT TO SECTION 13 OR 15(d) OF
                  THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of Earliest Event Reported):      January 25, 2008
                                                 -------------------------


                              HASBRO, INC.
                          --------------------
         (Exact name of registrant as specified in its charter)



 RHODE ISLAND                    1-6682                    05-0155090
- --------------                ------------             -------------------
  (State of                   (Commission                 (IRS Employer
Incorporation)                File Number)             Identification No.)



1027 NEWPORT AVE., PAWTUCKET, RHODE ISLAND                   02862
- ------------------------------------------             -------------------
 (Address of Principal Executive Offices)                  (Zip Code)


                             (401) 431-8697
                     -------------------------------
           (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))


 Item 8.01  Other Events

     On January 4, 2008 Hasbro, Inc. ("Hasbro") and Cranium, Inc., a Washington
corporation ("Cranium") issued a press release announcing that Hasbro, along
with Sunshine Acquisition Corporation, which was a wholly-owned subsidiary of
Hasbro ("Acquisition Subsidiary"), had entered into an Agreement and Plan of
Reorganization (the "Merger Agreement") with Cranium, pursuant to which Hasbro
would acquire Cranium.  On January 25, 2008 Hasbro issued a press release
reporting that it had closed its acquisition of Cranium.

     Pursuant to the Merger Agreement, the Acquisition Subsidiary has merged
into Cranium, and Cranium is now a wholly-owned subsidiary of Hasbro.


Item 9.01  Financial Statements and Exhibits

     (c)   Exhibits

     99    Press Release, dated January 25, 2008, of Hasbro, Inc.





                                  SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                             HASBRO, INC.
                                             ------------
                                             (Registrant)


Date: January 28, 2008                  By:   /s/ Deborah Thomas Slater
                                              --------------------------
                                              Deborah Thomas Slater

                                                Senior Vice President and
                                                Controller







                                 Hasbro, Inc.
                          Current Report on Form 8-K
                            Dated January 28, 2008


                                Exhibit Index


Exhibit
No.


99   Press Release, Dated January 25, 2008, of Hasbro, Inc.

EX-99

EXHIBIT 99

Contacts:

Karen Warren	Gary Serby	Heather Snavely
Hasbro Investor Relations	Hasbro Media	Cranium
401-727-5401	401-727-5582	206-931-5498
kwarren@hasbro.com	gserby@hasbro.com	heather@cranium.com

HASBRO CLOSES ACQUISITION OF CRANIUM, INC.

PAWTUCKET, R.I., JANUARY 25, 2008 – Hasbro, Inc. (NYSE:HAS) announced that its acquisition of privately-held Cranium, Inc. closed today.

Cranium brands such as CRANIUM, CRANIUM HULLABALOO, CRANIUM CADOO, CRANIUM CARIBOO, CRANIUM ZOOREKA, CRANIUM WHOONU and CRANIUM BALLOON LAGOON will now join such timeless classics as MONOPOLY, CLUE, SCRABBLE and TRIVIAL PURSUIT as part of Hasbro’s games portfolio.

Hasbro (NYSE: HAS - News) is a worldwide leader in children’s and family leisure time entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER and WIZARDS OF THE COAST brands and products provide the highest quality and most recognizable play experiences in the world.

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