“They’re not delivering. Look at the results,” Larian said in an interview.
Larian again did not propose a specific price for publicly held Mattel, saying an investment banker or other outside party could help determine an appropriate figure. But he said that “absolutely” it would be at a premium to Mattel’s current market price. In a letter to Mattel Chairman and CEO Ynon Kreiz that reiterated MGA’s merger offer, Larian listed several financial metrics to illustrate Mattel’s problems, including ongoing operating losses, a higher debt load and lower shareholders’ equity.on sales of $4.5 billion, but the company has said its turnaround is taking shape thanks to a widened marketing of Mattel’s well-known toy brands — especially in the entertainment and digital fields — and to a $650-million cost-cutting plan.
Surprising that reporter and editor opted not to include the fascinating back story ... Mattel has been at war with Larian for 15 years.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
States Sue To Block Sprint T-Mobile Merger, Putting Deal In Jeopardy
Source: Forbes - 🏆 394. / 53 Read more »
Ten States Seek to Block T-Mobile, Sprint MergerA group of 10 state attorneys general plan to sue T-Mobile and Sprint to block their merger, according to people familiar with the matter, adding another complication to an already unusual antitrust review. Good. Mega corporations are not good for the consumer. Good. Having been an employee of both companies in the past, and a customer of TMo for almost a decade...I do not want them to merge. I worked for Sprint during their NexTel merge...they sucked before AND after.
Source: WSJ - 🏆 98. / 63 Read more »
Exclusive: U.S. state AGs prepare lawsuit to stop Sprint and T-Mobile mergerA group of at least 10 state attorneys general are preparing on Tuesday to file ... won't be able to 垄断催生垄断 Remember how they bribed Trump through his hotel?
Source: Reuters - 🏆 2. / 97 Read more »
EU Blocks Merger of Steelmaking Units of Tata, ThyssenkruppThe EU’s antitrust enforcer blocked the planned merger of two steelmaking businesses, India’s Tata Steel and Germany’s Thyssenkrupp, saying the resulting company would have reduced competition in the supply of special steel for the car and packaging industries. the United States says thank you for weakening the competition. cheers. Have you checked this out? High comedy from out of touch elitists address children in debt peonage soon be face wage slavery. It's great!
Source: WSJ - 🏆 98. / 63 Read more »
US state AGs reportedly prepare lawsuit to stop Sprint and T-Mobile mergerA group of at least 10 state attorneys general are preparing on Tuesday to file a lawsuit to stop the $26 billion merger of Sprint and T-Mobile, a deal that would reduce the number of nationwide wireless carriers from four to three, according to three sources familiar with the matter. they both look like actors Very short sighted at the State AG level.
Source: CNBC - 🏆 12. / 72 Read more »
Investor Ackman opposes United Technologies' aerospace merger with Raytheon: sourceBillionaire investor William Ackman's hedge fund Pershing Square Capital Ma... He's a tool. So? Instead, pushing for Valeant - Allergan
Source: Reuters - 🏆 2. / 97 Read more »