Toy manufacturer Mattel has rejected a takeover bid from American competitor MGA Entertainment for the second time, even though Barbie has certainly seen better days.
» Read more
Toy giant Mattel has allegedly turned down competitor Hasbro’s bid, according to press agency Reuters’ anonymous sources close to the deal. It is still unclear what the repercussions would be.
» Read more
There may be a major toy merger brewing, because Hasbro tabled a bid for its competitor Mattel. The new company could become the world’s largest toy company.
Toy manufacturer Mattel will launch a 3D printer for children in the fall, allowing them to "print" their own toys. The ThingMaker 3D uses an Android and iOS app, which is already available for download.
American toy manufacturer Hasbro's turnover and profit grew a lot last year, mainly because of an excellent fourth quarter on the back of the new Star Wars movie and Jurassic World.
Hasbro and Mattel, two major American toy manufacturers, are apparently considering a merger, according to an anonymous source who told press agency Bloomberg. The goal is to obtain a better position to compete with Danish Lego.