Mattel Faces Calls to Explore Deal With Hasbro

The massive success of Greta Gerwig's Barbie is still rippling through the entertainment industry. In early June, Masters of the Universe will bring another toy franchise to the big screen. However, these films may be pushing the company behind the brands in an unexpected direction. Southeastern Asset Management, which owns more than 4% of Mattel’s common stock, reportedly believes the company is not fully capitalizing on its entertainment assets. The investment firm is reportedly pressuring Mattel to make a deal with Hasbro. The post Mattel Faces Calls to Explore Deal With Hasbro appeared first on That Park Place.