Hasbro Looks to Buy Mattel

  • Hasbro has approached to buy Mattel to combine the two largest toymakers within the United States
  • The toy industry has struggled in recent years, highlighted by the bankruptcy of Toys-R-Us
  • This is not the first time that Hasbro has approached Mattel for a takeover over, previously in late 2015
  • Mattel’s stock price has declined 47% YTD while the shares of Hasbro have appreciated by 18%