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30 days ago
Ariel Investments, a major shareholder in Mattel, Inc (NASDAQ:MAT), is urging the Barbie maker to consider a sale or other strategic alternatives as the company struggles to revive its business. John Rogers, Ariel's chairman and co-chief executive, told Mattel's board that a strategic buyer could pay a significant premium to the company's current share price, Reuters reported, citing a letter s...