Hasbro Press Release:

Hasbro, Inc. (NASDAQ: HAS), a global play and entertainment company, and Saban Properties LLC today announced that the companies have signed a definitive agreement for Hasbro to purchase Saban’s Power Rangers and several other entertainment brands, including My Pet Monster, Popples, Julius Jr., Luna Petunia, Treehouse Detectives and others, in a combination of cash and stock valued at $522 million.
This is definitely linked to Hasbro's "cinematic universe" play, I'd assume.

Expect the big Transformers, GI Joe, MASK, Power Rangers mashup to hit theaters in the next ten years.