A tie-up would create a toy powerhouse, uniting Hasbro's brands, which also include My Little Pony, with Mattel's Barbie dolls and Hot Wheels toys. Mattel's stock has fallen 52 percent over the previous year.
USA toymaker Hasbro Inc (HAS.O) has made a takeover approach for rival Mattel Inc (MAT.O), the Wall Street Journal reported on Friday, citing people familiar with the matter. It was unclear whether Hasbro had offered any terms for a deal or whether any further discussions had taken place, said the people, who insisted on anonymity because the talks were private. Mattel, based in El Segundo, California, did not immediately respond to a request for comment. Mattel's stock has fallen 52 percent over the past year, and its market value is now about $5 billion. Hasbro, which makes Disney Princess Dolls and Nerf guns, rose about 3.3 per cent. Shares have fallen almost 50% over the year after the company suspended its shareholder dividend and outlined cost-saving measures. It blamed some of the decline on the recent bankruptcy filing of retailer Toys R Us Inc.
"Both companies would benefit from a merger, but Mattel stockholders might oppose a deal that values the company on its depressed stock price", said Erik Gordon, a professor at the University of Michigan's Ross School of Business.
Freebies for Vets on Veterans Day Head to any Chili's Restaurant on Veteran's Day and get a free menu item off of their special menu consisting of five choices. Red Robin: All veterans and active duty military get a free dine-in Red's Tavern Burger and Bottomless Steak Fries .
Mattel in late October reported a 14% drop in its third-quarter sales, excluding the effect of currency fluctuations, and suspended its quarterly dividend. Mattel stock fell on that day to its lowest since 2009.
Hasbro is attempting to diversify revenue streams, and has sought to acquire movie studio and entertainment business Lions Gate Entertainment, but the talks were ended without any deal coming to fruition.
Since Trump took office, priorities in the region lie elsewhere, with USA focus largely on containing the North Korean threat. Trump said in Vietnam on November 12 before leaving to attend a summit of Asian leaders in the Philippines.
Before the 2017 season, Jones had led Tennessee to two nine-win seasons during the 2015 and 2016 season, respectively. I know Coach Jones will be successful moving forward, and we wish him all the best in his future endeavors.
Hymel said that local health officials had assured them that there was no longer any risk to guests or employees of the park. Symptoms of legionellosis develop 2-10 days after exposure, and include fever, chills, cough, muscle aches, and headaches.
After the entertainment industry and the media, accusations of harassment and sexual assault are gaining the world of sports. In 2004, he argued that the popularity of the women's game could be boosted if the players wore tighter shorts .
Morocco completed the campaign without conceding a goal, finishing on 12 points, four ahead of the Ivorians. Morocco sealed its place in Russian Federation in style as they went to Abidjan and beat Cote d'Ivoire 2-0.
However, she didn't suffer any life-threatening injuries just multiple injuries including cuts, abrasions, and a broken wrist. Her injury comes just days after she hosted the CMA Awards with Brad Paisley for a tenth consecutive year.
Greg Robinson, who started the first six games of the season at left tackle, was waived-injured on Friday with an ankle injury . Kizer was having his best game of the season before suffering a rib injury that forced him to the locker room.
The zoo later said they let one of April's caretakers choose the name of the baby giraffe, which means "hope" in Swahili. Staff previously told Inside Edition that April was ready to mate again and her partner, Oliver, was showing interest.
Chewbacca (Joonas Suotamo) and director Rian Johnson hang out in the Millennium Falcon on the set of 'Star Wars: The Last Jedi '. The surprising part is that this story will seemingly, finally deviate from the existing Star Wars storyline as we know it.
Group Says Fidget Spinners Are Dangerous
The CPSC, Target and Bulls i Toy need to acknowledge the obvious - that all fidget spinners are toys. Lead exposure can be extremely harmful for children due to its developmental impacts.