/toy/ - Toys » Searching for posts with the image hash ‘6gJAhjL/zGH4O1s6IwNtsw==’.

Anonymous

View Same Google ImgOps iqdb SauceNAO Mattel.jpg, 72KiB, 544x361

Mattel May Be Finished

Anonymous Wed 23 Oct 2019 15:24:12 No.7820259 View View Report

Quoted By:

https://www.forbes.com/sites/jimosman/2019/10/22/-mattel-federal-securities-probe-bankruptcy/#7febd8af5cb8

>The company, which unleashed the iconic Barbie brand to the world 60 years ago, is struggling with its $3 billion debt and is facing a probe as to whether it violated federal securities laws.

>It has lost two-thirds of its value over the past three years and has a mountain of trouble as it tries to turn itself around with rapidly declining sales, operating losses, high-profile executive departures, and losing $531 million on sales of $4.5 billion last year.

>If hedge funds, who are by far the biggest investors, pull out amid the propagation of recession fears, MAT’s stock could go to zero, says The Edge (who source underperforming companies for activist involvement, Special Situations and Spinoffs).

>After former CEO Margaret Georgiadis stepped down only 13 months in the job, new CEO Ynon Kreiz took over in April 2018 and has been criticized for his $18.7 million pay packet.

>Kreiz rejected a buyout offer from rival MGA Entertainment in June and is currently overseeing the third biggest crisis ever to hit the company. A whistleblower halted its planned bond sale in August, igniting a collapse in the share price while at the same time sparking a securities fraud probe which may have serious consequences for the board.

Capcode	All Only User Posts Only Verified Posts Only Moderator Posts Only Manager Posts Only Admin Posts Only Developer Posts Only Founder Posts
Show Posts	All Only With Images Only Without Images Only Spoiler Images Only Non-Spoiler Images
Deleted Posts	All Only Deleted Posts Only Non-Deleted Posts
Ghost Posts	All Only Ghost Posts Only Non-Ghost Posts
Post Type	All Only Sticky Threads Only Opening Posts Only Reply Posts
Results	All Grouped By Threads
Order	Latest Posts First Oldest Posts First

Searching for posts with the image hash ‘6gJAhjL/zGH4O1s6IwNtsw==’. 1 results found.

On these archives

Your latest searches