Mattel shares rise 18.8% amid takeover report
Mattel shares closed sharply higher in New York after a report of private talks about a possible takeover bid.
Review information is loading.
The Wall Street Journal reported, citing unnamed sources, that Authentic Brands Group had approached Mattel and was holding private talks about a possible bid. Dutch news agency ANP carried the account; the discussions remain a reported possibility, not an announced offer. [1]
Mattel closed Thursday’s trading session 18.8% higher. The rise came a day after news that the toy maker’s chief executive would leave the company. [1]
Sign in to give this article a thumbs up or down.
About this discussion and AI questions
Private test discussion. Comments are readers’ views and are not yet automatically fact-checked. Editing is available for 60 seconds after posting.
Sign in with a confirmed reader account and choose a username to read comments and participate.
Sorting applies to top-level comments; replies remain oldest first. New comments and likes can change the order. Refresh for the current ranking.
Loading comments…