Hasbro In Talks To Buy Mattel

Toy maker Hasbro is currently in talks with Mattel for a potential takeover, according to the Wall Street Journal. Both companies make toys for Disney, with Mattel making toys based on Cars, Toy Story and Planes, while Hasbro make toys based on Marvel, Star Wars, Frozen and other Disney brands.

Both companies shares boosted in value when this news was revealed, with Hasbro worth more than $11 billion and Mattel worth $5 million, this buyout would change the toy industry, which has been changing in recent years with companies like Toy R Us going into bankruptcy.

No details have yet been revealed yet and both companies have declined to comment.

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Roger Palmer

Roger is the owner of DisKingdom.com and is a big Disney fan. He collects Vinylmation, Funko and Disney Infinity. If you have a news tip, feel free to email me at Roger@Diskingdom.com or send me a tweet @RogPalmerUK And he presents our Youtube Channel” and Podcasts.

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