Rosens Offer to Buy Back RoseArt's Activity and Stationery Division From Mega Brands

MENDHAM, N.J., March 4 /PRNewswire/ -- On February 20, 2008, Lawrence and Jeffrey Rosen sent a letter to Mega Brands expressing an interest in buying the RoseArt Activity and Stationery divisions of Mega Brands, Inc. TSX: MB, the Rosens announced.

The Rosens are the former owners of RoseArt Industries Inc., a family business for over 80 years based in New Jersey. They sold the company to Mega Brands in 2005. Mega Brands is based in Montreal, Canada.

The Rosens have proven success in the toy, stationery, activity and craft industries. Each has over 30 years experience. They grew the business to over $325 million in sales. The Rosens also have made over 15 successful acquisitions.