Mattel, Inc. (MAT) Expands Playing Field With Mega Brands Buy – ValueWalk Premium
28Feb

Mattel, Inc. (MAT) Expands Playing Field With Mega Brands Buy

Mattel, Inc. (NASDAQ:MAT), the world’s largest toy maker by sales, has announced today a definitive agreement to buy Canada’s Mega Brands Inc. (TSE:MB) for about $460 million.

The deal envisages Mega Brands Inc. (TSE:MB) shareholders receiving C$17.75 a share, a premium of 36% over where Mega shares closed Thursday.
Mattel expands into fastest growing segments
Mattel, Inc. (NASDAQ:MAT)’s acquisition through a wholly-owned subsidiary of Mattel Inc. would advance Mattel’s global growth strategy of building upon . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.

Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Related Posts

Credit Funds Canyon, Contrarian, BlueCrest Gain In November

Dec

While stocks have rode the bull market through most of this year, investment in credit instruments has not paid equally well. It goes without saying that the Fed's decision... Read More

Warren Buffett Dives Into Fintech, Starts Buybacks

Oct

With over $100 billion of cash to deploy at Berkshire Hathaway, Warren Buffett’s investment universe is virtually unlimited. However, the Oracle of Omaha hasn’t built the fortune he has today... Read More

Berkshire Hathaway Return On Equity

Notes on Berkshire Hathaway’s 50th Anniversary Letter [Part Two]

Mar

With over 43 pages of text, the Berkshire 50th anniversary letter cannot be summed up easily. Nevertheless, in this two part article there are a selection of key quotes from the... Read More

In Black Edge, Sheelah Kolhatkar Documents More Than Wall Street Crime

Aug

As Black Edge author Sheelah Kolhatkar looks at the financial universe, there is a noticeable disturbance in the force. While Wall Street was at one time a society built... Read More

Pensato

Long / Short Fund Pensato Up In Down Market

Feb

Relative value strategy at play as market volatility provides opportunities in pricing mis-matches Long / short European equity fund at Pensato found value in January’s volatile rock and roll market... Read More

China Not To Overtake US Economy

Hedge Fund Strategies Tweaking Algorithms Were Big Winners In 2017

Jan

For certain hedge funds, 2017 might be considered the year of the strategy adjustment – and the attainment of alpha over the performance of an index. This is particularly... Read More

Gold

Gold Rises Above $1,300 To A One-Month High

Jul

Gold prices slid 23 percent this year through July 19, wiping $59.4 billion from the value of gold exchange-traded product holdings, after some investors lost faith in the metal... Read More

Heartbleed Virus Still A Concern As Attack Grows

Jun

Fully two months after the Heartbleed virus was discovered, up to 300,000 Internet servers are still vulnerable to the OpenSSL attack. The problem is so bad "indicates people have... Read More

Eric Holder no TBTJ yeah right

Eric Holder, Creator of “Too Big To Jail,” Recants

May

The man credited with creating the “too big to jail” designation, US Attorney General Eric Holder, now says “there is no such thing as ‘too big to jail.’” Eric Holder... Read More

BIS

BIS Criticizes Central Banks, Neo-Keynesians Vehemently Disagree

Jun

The 83rd annual report from the the Bank of International Settlements (BIS) released over the weekend has jumped into the debate between neo-Keynesians and so-called austerians over how to... Read More

X
Saved Articles
X
TextTExtLInkTextTExtLInk

0