Brief: Ariel Investments, Which Holds 5.4% Stake In Mattel, Is Calling For Toymaker To Explore Strategic Alternatives, Including A Potential Sale - WSJ
BRIEF-Ariel Investments, Which Holds 5.4% Stake In Mattel, Is Calling For Toymaker To Explore Strategic Alternatives, Including A Potential Sale - WSJ Oct 5 (Reuters) -
ARIEL INVESTMENTS, WHICH HOLDS A 5.4% STAKE IN MATTEL, IS CALLING FOR THE TOYMAKER TO EXPLORE STRATEGIC ALTERNATIVES, INCLUDING A POTENTIAL SALE - WSJ
ARIEL INVESTMENTS STATED THAT MATTEL SHARES ARE SIGNIFICANTLY UNDERVALUED AND THAT A STRATEGIC BUYER WOULD PAY A SIGNIFICANT PREMIUM - WSJ
Source text: https://tinyurl.com/bdenm8ha
Further company coverage: MAT.O
((Reuters.Briefs@thomsonreuters.com;))
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