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Mattel Stock Eyes Best Week In 16 Months on Buyout Buzz

Mattel Inc. (MAT) stock is on track for its strongest week in 16 months as buyout speculation fuels a sharp rebound, with Authentic Brands Group proposing to pay over $20 per share.

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Mattel Inc. (MAT) stock is headed for its strongest week in 16 months as buyout speculation drives a sharp recovery. Authentic Brands Group has proposed paying above $20 per share for the toy maker, in a deal that would value it at more than $6 billion, while retail investors are pressing for more. 07% lower overn…