m3n4.net
m3n4.net November 25, 2017


Mattel shares skyrocket more than 20% on report of Hasbro takeover interest

13 November 2017, 12:25 | Vera Richards

Hasbro reportedly makes a takeover bid for struggling rival Mattel

A T Rex Monopoly piece

Mattel, the maker of Barbie and Hot Wheels, has been struggling to boost sales. Mattel's stock surged on the news, while Hasbro saw a 3% bump in after-hours trading.

Mattel's stance toward Hasbro at this time is not clear, and it remains far from certain that a deal will materialise, the source said, asking not to be identified because the matter is confidential.

Google Pixel 2 users are reporting microphone issue
And for the latest issue, some of you may have probably experienced it: screen flashing when locking or unlocking the phone. The right earbud not only awakens Google Assistant, it also activates the cool real time Google Translate feature .

Toymaker Hasbro Inc has made a takeover approach for rival Mattel Inc, the Wall Street Journal reported on Friday. It blamed some of the decline on the recent bankruptcy filing of retailer Toys R Us Inc.

One analyst in the toy industry said that both companies would enjoy benefits from merging, but stockholders at Mattel may oppose such a deal that valued their company on a recently depressed share price. Hasbro has My Little Pony and Monopoly. Conversely, Hasbro shares have increased 8 percent bringing its market value to an impressive $11.4 billion.

Nadal quits Paris with knee injury
He has only reached the final once, on his debut in 2007, losing to David Nalbandian. For me it's not about London, it's about the longer term".

Two weeks back, Mattel suspended its dividend and Chief Executive Margo Georgiadis, who took the job in January, warned the company would miss its full-year revenue forecast.

Hasbro has a market value of $11.4 billion, and its stock is up almost 18 percent this year.

Violence hits Druze village Hader in Syria's Quneitra
Speaking from London, Israeli Prime Minister Benjamin Netanyahu said "we safeguard our borders". The IDF statement was issued in the wake of heavy fighting in Khader on Friday morning.

A similar rumor that Hasbro and Mattel were holding merger talks appeared in media reports in early 2016, and such speculation repeatedly has surfaced and then faded in the two decades since Hasbro resisted a formal $5.2-billion purchase bid from Mattel.



Other News

Trending Now

Why angry Conte axed Luiz from Chelsea squad for Man Utd win
I was very happy for this. "Everyone can also say how well he did at Chelsea ", he told the London Evening Standard . The Chelsea boss has refuted those claims though, as he has confirmed that it was only a tactical decision.

Olympian Aly Raisman Claims Gymnastics Physician Sexually Assaulted Her At 15
The former athlete, who claims to be "angry", wants to "just bring change" so that young gymnasts "never have to live this again". More than 140 women are now suing Nassar and his former employer, Michigan State University. "I was molested by Dr.

Disneyland shuts down 2 cooling towers after Legionnaires' disease cases
Of the 12 cases of Legionnaire's disease that emerged in September, nine were among people who visited Disneyland in September. Symptoms develop 2 to 10 days after exposure, the OCHCA said, and include fever, chills, cough, muscle aches, and headaches.

NAB to cut 6000 jobs in $1.5b restructure
It settled a case with Australia's corporate regulator last week over possible fixing of the country's benchmark interest rate. National Australia Bank has announced it will slash 6,000 jobs over the next three years.

Shooting leaves one dead on University of Utah campus
Boutain, are wanted in a homicide that happened late last week in Colorado, Brophy told reporters . He has a brother who lives in Alexandria and other family in Minnesota.

IPhone 'i' bug fixed in iOS 11.1.1 update
Not only did the bug frustrate many people, some complained on social media that Apple was taking too long to fix the issue. The new features also allow iMessage to detect when someone tells the user money is owed during a conversation.

China to celebrate Singles' Day with whopping shopping spree
More than 90 percent of Alipay orders were placed via mobile, the majority on Alibaba's main e-commerce platform Taobao.com. This year, 140,000 different merchants took part in the event, including many worldwide brands like Tampax and Asos.

US Special Counsel Reportedly Probing Plot To Hand Over Turkish Cleric Gulen
Investigators are also looking into the actions of his son, Michel Flynn Jr, who worked closely with him at Flynn Intel Group. It was revealed afterward that during the election and transition Flynn was working as a foreign agent on behalf of Turkey.

Eric Bailly wants early Champions League qualification for Man United
He told a pre-match press conference: "Svilar had a trial by fire - it was his first game in the Champions League ". Manchester United legend Gary Neville has likened Jose Mourinho to boxing champ Floyd Mayweather.

Woman gets 10 years' probation for marrying biological mother
A district judge ordered that two of those years must be served under the supervision of the Oklahoma Department of Corrections. She also once married her son Cody, who claims both he and his sister were manipulated by Patricia Ann.