Mattel Draws Takeover Interest

Mattel NASDAQ:MAT has been privately discussing a takeover offer from Authentic Brands Group that could value the Barbie maker at around $6 billion or more, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Barbie-maker Mattel, dealing with a sliding stock and now a chief-executive transition, recently attracted takeover interest from brand-licensing giant Authentic Brands Group, according to people familiar with the matter.Authentic Brands Group has made an approach and been privately discussing an o…