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Mattel faces shareholder pressure for sale exploration

Activist investor Ariel Investments is urging Mattel to consider strategic alternatives, including a potential sale, according to the Wall Street Journal.

MAT.O

Oct 5 (Reuters) — A major shareholder of Mattel, Ariel Investments, is calling for the Barbie Maker to explore strategic alternatives, including a potential sale, the Wall Street Journal reported on Monday. com;)