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0.0127744209466265 -0.00302114803625371 -0.0453172205438066 -0.0433031218529708 -0.164149043303122 -0.214501510574018 -0.206445115810675 -0.231621349446123
Stock impact report

Mattel to Acquire Full Ownership of Mattel163 Mobile Games Studio, Strengthening its Digital Games Business

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: Business Wire
Mattel163 has released four games based on Mattel IP with approximately 20 million monthly active users and over 550 million downloads worldwide EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (Nasdaq: MAT), a leading global play and family entertainment company and owner of one of the most iconic brand portfolios in the world, today announced an agreement with its joint venture partner, NetEase, a leading internet and game services provider, to acquire full ownership of the Mattel163 mobile games studio. The transaction is expected to be completed by the end of Q1, subject to customary closing conditions.Mattel163 develops digital games based on Mattel’s iconic brands. Since its inception in 2018, Mattel163 has released four games based on Mattel IP, Uno!, Uno Wonder, Phase 10, and Skip Bo, with approximately 20 million monthly active users and over 550 million downloads worldwide.The transaction values Mattel163 at $318 million, with a purchase price of $159 million for NetEase Show less Read more
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