Alleghany Capital Corporation Announces Jazwares’ Acquisition Of Russ Berrie And Applause Brands PR Newswire NEW YORK, May 29, 2018 NEW YORK , May 29, 2018 /PRNewswire/ — Alleghany Capital Corporation (“Alleghany Capital”), a wholly-owned subsidiary of Alleghany Corporation, today announced that its subsidiary, Jazwares, LLC (“Jazwares”), a global toy, entertainment, and musical instrument company, has acquired the Russ Berrie™ and Applause™ brands. The Russ Berrie™ brand originated in 1963 and has historically included a variety of gift items, such as stuffed animals, mugs, picture frames, figurines, greeting cards, and stationery. The Applause™ brand has included stuffed toys and collectible figurines since 1966. […]