New York, Oct 1, 2026 (AFP) - Mattel shares surge on report of takeover interest

NAMPA / AFP

2026-10-01

Shares of Mattel rocketed higher Thursday following a report the toymaker had attracted takeover interest from licensing giant Authentic Brands Group. Privately-held Authentic Brands "has made an approach" and been "privately discussing an offer" valuing Mattel at more than $20 a share, or around $6 billion or more, according to a Wall Street Journal report that cited people familiar with the matter. Shares of Mattel were up 20.6 percent to $15.......

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