Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say

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Roth/MKM Reiterates Neutral Rating on Mattel Inc. (MAT)

July 24, 2024 5:13 AM EDT

Roth/MKM analyst Eric Handler reiterated a Neutral rating and $21.00 price target on Mattel Inc. (NASDAQ: MAT).

The analyst comments "No big 2Q surprises; In a good position for 2H. Mattel's 2Q results saw net sales fall slightly below expectations while... More

Mattel (MAT) stock jumps on Reuters buyout offer report

July 22, 2024 11:49 AM EDT

Private equity firm L Catterton has approached U.S. toy maker Mattel (NASDAQ: MAT) with a buyout offer, according to a report from Reuters on Monday, citing people familiar with the matter said on Monday.

However, the publication cautioned that there is no certainty the private equity firm, which is backed by luxury goods giant LVMH, will be able... More