Activist investors urge Mattel CEO to consider privatization or sale of the company

格隆汇2026/05/09 02:18

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Glonghui, May 9th | Activist investor Southeastern Asset Management is urging Mattel CEO Ynon Kreiz to explore strategic options to either take the toy manufacturer private or allow it to be acquired by competitor Hasbro. Southeastern holds about 4% of Mattel’s common stock, valued at $170 million, and has been invested in the company for more than eight years. Southeastern pointed out that Hasbro has outperformed Mattel in driving digital business growth and therefore has greater credibility in this important sector; it believes synergy between the two companies would be highly significant, creating a stronger global industry competitor. In response, Mattel stated that the company is focused on executing its intellectual property-driven strategic plan.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31