Toy makers Mattel and Hasbro are said to be in talks to merge businesses.
Mattel and Hasbro are arguably the most well known names in the toy business, and they're currently the two largest manufacturers of playthings on Earth. A merging of the two behemoths of fun would create the world's biggest toy company.
According to Bloomberg, citing people "familiar with the matter," the current merger rumors represent a will-they, won't-they ballet the two giants have been dancing since last year.
Details of the potential transaction were not readily available, Bloomberg said, with its sources saying the deal might not happen at all.
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Mattel and Hasbro are arguably the most well known names in the toy business, and they're currently the two largest manufacturers of playthings on Earth. A merging of the two behemoths of fun would create the world's biggest toy company.
According to Bloomberg, citing people "familiar with the matter," the current merger rumors represent a will-they, won't-they ballet the two giants have been dancing since last year.
Details of the potential transaction were not readily available, Bloomberg said, with its sources saying the deal might not happen at all.
Continue reading…
Continue reading...