Mattel’s stock rallies on news of acquisition offer as Hasbro may enter the fray

Date:

July 22, 2024

Shares of Mattel Inc. jumped on Monday on a report saying that the private-equity firm L Catterton had come forward with an offer to acquire the toy maker — a move one analyst said wasn’t surprising given a long slump in the company’s stock price.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Mattel’s stock rallies on news of acquisition offer as Hasbro may enter the fray

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