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-0.000218830981860167 0.000575871004894789 0 -0.000863806507342388 -0.00547077454650172 -0.00547077454650172 -0.00547077454650172 -0.00547077454650172
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Hasbro-Mattel merger rumor just won't die [CNN]

MATTEL (MAT)  More Company Research Source: CNN
Last mattel earnings: 4/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
PDF Hasbro-Mattel merger rumor just won't die It seems like people really want toymakers Mattel and Hasbro to get together. Shares of Mattel ( MAT ) soared 10% Tuesday on no news. The stock only gave up a little bit of those gains Wednesday, falling about 2%. Hasbro ( HAS ) rose 4% Tuesday and another 2% Wednesday. Investors have dreamed about a possible merger between the two companies since November, following a story in the Wall Street Journal that said Hasbro was going to make a bid. Reuters later reported that Mattel turned Hasbro's offer down. A spokesperson for Mattel told CNNMoney Tuesday that the company had no comment on the new speculation. Hasbro did not get back to CNNMoney. A marriage of the two companies could make sense. It would unite Hasbro, the owner of Mr. Potato Head, Monopoly, Tonka, My Little Pony and most Disney ( DIS ) toy licenses, with Mattel, the parent of Fisher-Price, Thomas and Friends, Barbie and Hot Wheels. The companies may be running out of time [Read more]

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