Report
Mattel adds EdgePoint partner Lee Matheson to its board amid investor pressure
Barron's reports the toy maker faces investor calls to consider a sale or other strategic changes.
TLDR
Bloomberg reports Mattel appointed Lee Matheson, a partner at its largest shareholder EdgePoint, to its board on October 21. EdgePoint holds a roughly 18% stake, and Mattel has attracted takeover interest. Barron's reports the toy maker also faces investor calls to consider a sale or other strategic changes.
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