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Mattel attracts takeover interest from Authentic Brands Group, WSJ reports

Source: reuters.com

M&A & RestructuringMedia & EntertainmentConsumer Demand & Retail
Mattel attracts takeover interest from Authentic Brands Group, WSJ reports

Mattel is reportedly discussing a potential takeover offer from Authentic Brands Group that could value the Barbie maker at approximately $6 billion or more. The prospective transaction could materially revalue Mattel and drive significant share-price movement, though deal terms and the likelihood of an agreement remain uncertain.

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