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Mattel shares rise after reports of takeover interest from Authentic Brands Group
Source: CNBC
M&A & RestructuringMedia & Entertainment
Mattel shares rose Thursday after The Wall Street Journal reported that Authentic Brands Group had expressed interest in acquiring the toymaker. The reported takeover interest could support a valuation re-rating for Mattel, though no transaction terms, timing, or certainty of a deal were disclosed.
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