Spanish & gt; & gt; Economy
UPDATED: 05/02/2016 – 10:31
Words key: manufacturer, Barbie toy Monopoly
Source: agencies
USA, 05/02/2016 (The People’s Daily Online) – toy manufacturers US Mattel Inc and Hasbro Inc, known for being creative companies Barbie and Monopoly, respectively, have initiated a series of contacts for a possible merger, as reported by Bloomberg.
After learning the information, Mattel shares have risen 8.2 percent, while Hasbro were up 3.3 percent in operations.
Hasbro Mattel approached the end last year and companies have held talks over a deal since. The talks may lead to a merger, according to Bloomberg, although details still unknown final agreement.
It is not the first time that companies have held merger talks. In 1996, Mattel offered 5.2 billion to buy Hasbro, but eventually withdrew the offer.
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