Game On for Hasbro-Mattel Deal?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 November 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
Is Hasbro about to buy rival toymaker Mattel? As new CEO John Flannery shakes up General Electric (and shares hit a 5-year low) is now the time to buy? Is Roku’s recent earnings surprise simply due to low expectations? Jason Moser and Taylor Muckerman analyze these topics and more.
Transcript
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| 0:00.0 | Support from our identity protection friends at MyID care. |
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| 0:23.0 | It's Monday, November 13th. |
| 0:25.0 | Welcome to Market Foolery. |
| 0:26.0 | I'm Chris Hill joining me in studio from Stock Advisor Canada, |
| 0:28.0 | Taylor Markerman, and for a million dollar portfolio, |
| 0:31.0 | Chasin Moser. |
| 0:32.0 | Thanks for being here guys. |
| 0:33.0 | Ain't that happy to? Short week last week because we had Fulipalooza, our annual |
| 0:37.4 | meeting, which we'll delve into that in a moment, but we, the news rolls on. |
| 0:41.9 | It never stops. We've got tech news, we've got to we got tech news. We've got industrial news. We're going to start |
| 0:45.7 | with toy news shares of Mattel up 21% this morning. The Wall Street Journal |
| 0:52.4 | reporting that rival |
| 0:53.4 | Toymaker Hasbro has made a takeover offer. As of this taping, Jason, |
| 0:58.6 | we still don't have the details of the offer. Here's what we know. The |
| 1:02.0 | takeover offer has happened. Mattel's up 21% and Hasbro's up 6%. |
| 1:07.2 | So there's at least some optimism that Hasbro isn't making some insane overpayment for Mattel. You follow this industry. What did you think of |
| 1:16.0 | this news? Yeah, well, I mean, I wasn't surprised to see the news because I mean, when you look |
| 1:20.9 | at the two businesses clearly they are headed in very different |
| 1:26.0 | directions and Hasbro has been succeeding and doing so well here over the past few years and that's really come at at Mattel's expense. |
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