Akave completes $6.65 million seed round financing
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Mattel, the maker of Barbie dolls, surges 19%! Acquired by Authentic Brands Group with an offer possibly exceeding $20 per share
According to media reports, Authentic Brands Group has privately approached Mattel to discuss an acquisition offer. The bid could exceed $20 per share, corresponding to an overall valuation of around $6 billion or higher. There is no guarantee that both parties will eventually reach an agreement. Additionally, with a new CEO about to take charge at Mattel, whose strategic plans have yet to be clarified, the potential deal may become even more complex.
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