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The Nexus
BUSINESSMay 8 · 16:45 UTCLA TIMES — BUSINESSItzel Luna

Mattel investor campaigns to take the company private

Southeastern Asset Management, which owns 4% of Mattel's stock, is campaigning for the company to be taken private through a sale to a competitor or private equity firm. The investor made its case in an open letter on Thursday. This move could significantly impact Mattel's future.

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