Mattel rejects renewed merger bid from rival MGA Entertainment

Toymaker Mattel Inc last week rejected another merger offer from Bratz doll make...

- Toymaker Mattel Inc last week rejected another merger offer from Bratz doll maker MGA Entertainment Inc, MGA’s chief executive officer, Isaac Larian, said on Tuesday.

MGA Entertainment made the proposal in a letter to Mattel CEO Ynon Kreiz dated May 21, according to emails that Larian shared with Reuters.

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