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Mattel Inc (MAT) |
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| Posted: 2026-Oct-06 13:33 by news bot |
| The board of Mattel Inc. is facing intense pressure from Ariel Investments to consider a strategic sale or merger. Holding a 5.4% stake, the asset manager argues that Mattel’s stock remains significantly undervalued and that profitability has stagnated. The letter to the board suggests that a divestiture or outright sale could unlock significant premiums for current shareholders. |