So who's going to buy the company? It's a bargain at the moment.
Will it go to bankruptcy?
Will there be an acquisition in whole prior to bankruptcy?
4 replies (most recent on top)
Nick
Stock went up 7.3% today, Issac may have to wait a little longer to get the bargain...
Issac has officially announced to hostile take over at target price $8. At currently rate of falling on Mattel stock value, he probably will be able to take over the company by early next week if not by this Friday...
A bargain? They're an over leveraged bankrupt company full of deep rooted dysfunction. On top of that the economy is on the cusp of a recession. No one is coming to buy this pile of c-ap. They'll pick off the brands they want once Mattel is in bankruptcy.