As unlikely as it seems, there are a lot or rumours – and reports – that two of the world’s biggest toy brands are considering a merge!
According to Bloomberg Business: “Hasbro approached Mattel about a potential transaction late last year, and the companies have held on-and-off-again talks about a deal, the people said, asking not to be identified as the situation isn’t public. Details of how a transaction might be structured couldn’t immediately be learned. The talks may not lead to a deal, the people said.”
We don’t really know what would cause this or what effect it would happen but it seems this has happened before. In the 1990s Mattel apparently made a $5.2 billion offer for Hasbrobut it was denied.
We’ll keep you posted…