Quoted By: >>11788356 >>11788529
Seems Mattel's not doing to hot lately and a small group of shareholders owning 4% are interested in it being sold to either Hasbro or a private equity firm to try to push the stock to $30 or take it off the market completely.
>We know that Mattel and Hasbro have engaged in on-and-off talks for decades. At the moment, a deal between the two companies is possible in our view. Hasbro has done a better job executing on digital growth than Mattel and therefore has more credibility in this important part of the business. We believe synergies between the two companies would be material, creating a stronger player in a global industry.
Since it's such a small percentage of shareholders, I doubt it'll amount to anything, but with all the toy companies we've seen go under in recent years, it's interesting that even one of the most famous toy companies in the world is in danger nowadays. Hopefully their DC line will be a success.
>We know that Mattel and Hasbro have engaged in on-and-off talks for decades. At the moment, a deal between the two companies is possible in our view. Hasbro has done a better job executing on digital growth than Mattel and therefore has more credibility in this important part of the business. We believe synergies between the two companies would be material, creating a stronger player in a global industry.
Since it's such a small percentage of shareholders, I doubt it'll amount to anything, but with all the toy companies we've seen go under in recent years, it's interesting that even one of the most famous toy companies in the world is in danger nowadays. Hopefully their DC line will be a success.
