Mattel stock soars on report of Hasbro takeover offer

Published: Friday, November 10, 2017 @ 6:47 PM
Updated: Friday, November 10, 2017 @ 6:46 PM

FILE - This Wednesday, Feb. 24, 2016, file photo, shows a building on the campus of toymaker Mattel, Inc., in El Segundo, Calif. Shares of Mattel soared in after-hours trading Friday, Nov. 10, 2017, after a report that rival Hasbro has made a takeover offer for Mattel. Such a deal could bring together well-known brands like Monopoly, Nerf, Barbie and Hot Wheels.
AP Photo/Damian Dovarganes, File
FILE - This Wednesday, Feb. 24, 2016, file photo, shows a building on the campus of toymaker Mattel, Inc., in El Segundo, Calif. Shares of Mattel soared in after-hours trading Friday, Nov. 10, 2017, after a report that rival Hasbro has made a takeover offer for Mattel. Such a deal could bring together well-known brands like Monopoly, Nerf, Barbie and Hot Wheels.

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