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Mattel Takeover Talk

Toymaker gains after analyst sees greater value in a sale scenario

Mattel Inc. gained the most in more than a year on Monday after BMO Capital Markets analyst Gerrick Johnson said investors should start looking at the toymaker “from a sale of the company perspective.” His note, which said Mattel’s assets could be worth much more in a sale or breakup, followed a surprisingly sharp sales decline at the toy titan last quarter.

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