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Businessman Harold "Matt" Matson and the husband-and-wife duo of Elliot and Ruth Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. [15] [16] The company name chosen is a portmanteau of the surname of Matson and first name of Elliot, with former chairman and CEO Bob Eckert revealing at a 2013 Christmas Day Peninsula Seniors lecture that the founders ...
Through Mattel's 2012 acquisition of HIT Entertainment, which subsequently became a division of Fisher-Price, Mattel now owns the property outright. With this, toys based on Mike the Knight and Bob the Builder have been subsequently released. [23]
Mattel (NYSE:MAT) has turned down another takeover bid from MGA Entertainment. Mattel stock surged higher on the news. MGA, who owns brands such as Bratz fashion dolls, Num Noms, and Little Tikes ...
Between 2005 and 2019, Larian traded hundreds of millions of dollars' worth of his Mattel's stock, with a net profit of $28 million, an 11% return on his investment. During that period, Mattel’s stock fell by 57%. During that period, Larian also traded in shares of Hasbro, another close competitor of his company. [15]
Rumors of a buyout offer and better-than-expected earnings lifted the stock.
Mattel (NASDAQ:MAT) stock is rising higher on Wednesday as investors celebrate it beating rival toymaker Hasbro (NASDAQ:HAS) for a doll deal. Source: Ken Wolter / Shutterstock.com Mattel signed a ...
Later expanded to additional lines such as Models of Yesteryear, Major Packs, King Size, Sky-Busters. Later owned by Universal Toys, then Tyco, and now owned by Mattel. Matrix – Dutch-owned producer of high-quality resin model cars, primarily 1:43 scale. Mattel – Mainly Hot Wheels and Matchbox in various forms – other vehicles earlier ...
Here's how Mattel performed in the all-important holiday quarter. The earnings rundown. Net sales: +16% year over year to $1.62 billion vs. estimate of $1.64 billion Adjusted gross margin: 48.8% ...