Hasbro and Mattel in Talks to Merge
Published on February 5th, 2016 | Updated on May 18th, 2016 | By FanFest
Bloomberg News reports that Hasbro Inc. and Mattel Inc. have
been in talks to merge companies “in a deal that would bring together the manufacturer of Hot Wheels with the maker of My Little Pony.”
Hasbro has had a great year considering it owns the rights to all official Star Wars: The Force Awakens toys.
According to Bloomberg,nothing is set in stone, but that they have been in “on again off again” discussions about the potential of merging.
They note that the companies currently reside on opposite coasts, which could also be a hurdle.
Shannon Toohey is Editor-In-Chief of FanFest.com. She graduated from Hofstra University in 2015 with a B.A. in Journalism from the Lawrence Herbert School of Communications. Shannon has been a proud member of the Fan Fest team since 2013. Tweet her in your prettiest bird voice: @shannontoo
