We had informed previously that Hasbro was in merger talks with Mattel which would result in that could have created the largest U.S. toymaker. Once again undisclosed sources report that this merge won’t happen anytime soon. Mattel would have refused the proposal due to a low offer from Hasbro.
“Mattel Inc. slipped in late trading on a report that it rebuffed a takeover approach from rival Hasbro Inc., spurning a deal that could have created the largest U.S. toymaker. Mattel informed Hasbro that the proposal undervalues the company, according to Reuters, which cited unidentified people familiar with the situation. Mattel also had concerns about the transaction being challenged on antitrust grounds, the news service said”.
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