Hasbro & Mattel In Talks To Merge?!?

by Jay Cochran
February 04, 2016
According to reports, two of the biggest toy companies in the world and possibly two of the fiercest competitors in the toy world, Hasbro and Mattel are conducting talks to merge as one company. Bloomberg Business reports:

"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 isnít public. Details of how a transaction might be structured couldnít immediately be learned. The talks may not lead to a deal, the people said."

No big surprise but it was said that representatives from both companies declined to comment on this news.

For those shocked by this including myself, apparently this wasn't the first time this has happened. According to Bloomberg, two decades ago Mattel apparently made a $5.2 billion offer for Hasbro, but Hasbro resisted it.
Image
1 of 1



FIGURES SHOPPING ONLINE

MORE Hasbro

Read More Hasbro


advertise here








Reviews

Entertainment

Customs

DC Comics



ENI Readers Survey - Share Your Feedback You Could Win $100 From Megatropolis Toys





Entertainment News International (ENI) is the popular culture network for fans all around the world.
Get the scoop on all the popular comics, games, movies, toys, and more every day!

Contact and Support

Advertising | Submit News | Contact ENI | Privacy Policy

©Entertainment News International - All images, trademarks, logos, video, brands and images used on this website are registered trademarks of their respective companies and owners. All Rights Reserved. Data has been shared for news reporting purposes only. All content sourced by fans, online websites, and or other fan community sources. Entertainment News International is not responsible for reporting errors, inaccuracies, omissions, and or other liablities related to news shared here. We do our best to keep tabs on infringements. If some of your content was shared by accident. Contact us about any infringements right away - CLICK HERE