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Mattel Going Up For Sale?!?


JayC
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According to the WSJ , Mattel has recently been holding informal talks with a number of private-equity firms such as Apollo Global Management Inc. about the possibility of selling.

This comes on the heels of their announcement back in February that the company after a number of years of slumping sales had completed it's turnaround and was "now in growth mode.”

Back in 2017 it was reported that rival Hasbro had made a bid to takeover Mattel which ended up being unsuccessful. Right now Hasbro is facing it's own problems by finding itself in the middle of a proxy battle with one of it's investor Alta Fox Capital Management LLC, which wants Hasbro to spin off their gaming unit Wizards of the Coast that houses Dungeons & Dragons.

It should be noted that the talks Mattel has been holding are said to be in very early stages and may end up resulting in nothing happening.

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It'll mean the end of Mattel if it happens TRU went away in the USA because of an equity firm that directly led to them being forced to close. Toy Galaxy has a great video on the "murder" of TRU and other places like that via the firm they dealt with.

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i do surely hope nothing happens in the end, that Hasbro doesn't get it's hands on Mattel, but yeah it is likely possible they won't still hope it doesn't regardless.

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I doubt MOTU line will ever stop, it seems to have really good sales. As for the company itself, Mattel is still a giant in toy manufacturing, if someone buys them they going to do this exactly because of the potential future profits company might bring to investors. 

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15 hours ago, JayC said:

.... Right now Hasbro is facing it's own problems by finding itself in the middle of a proxy battle with one of it's investor Alta Fox Capital Management LLC, which wants Hasbro to spin off their gaming unit Wizards of the Coast that houses Dungeons & Dragons.

geez what a bunch of morons!

What Hasbro needs to do is make more D&D toys!

 

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