mattel and the learning company merger failure

If the property doesnt sell within five years, during which time Mattels share of a sale reportedly drops, Gores will give Mattel a percentage of the companys value at that time. Mattel on Monday warned of a year-end earnings shortfall and said it plans to buy The Learning Company for $3.8 billion. was fixed at 1.20 at or below 27 1/2 and You can take two fading companies, like KMart and Sears Roebuck, merge them, and youll have an even bigger problem than the one you started with. 0000010364 00000 n Mattel will share Learning Co. gains if Gores Technology either sells the company or brings it to profitability, the company said. America Online and Time Warner (2001): US$65 billion, Daimler-Benz and Chrysler (1998): US$36 billion, Google and Motorola (2012): US$12.5 billion, Bank of America and Countrywide (2008): US$2 billion, Mattel and the Learning Company (1998): US$3.8 billion. Mattel and The Learning Company had no comment. From our perspective, if the ultimate goal of M&A is value creation, the opposite has to be the destruction of it. Get real-time insights andone-click reports, Empower collaboration, efficiency, and accountability, Transform how you divest parts of your business, M&A Deal Lifecycle Software for SPAC Mergers, See how our customers transformed their M&A process. Mattels portfolio of brands and products include Barbie, Polly Pocket, Little Mommy, Disney Classics, Monster High, Hot Wheels, Matchbox, Radica, Battle Force 5, Tyco R/C, Fisher-Price, Power Wheels, and American Girl. The Learning Company (TLC) is an American educational software company, founded in 1980. Toy manufacturers have typically shipped those pre-orders during the fourth quarter. Thank you! Also on December 14, 1998, Mattel and The Learning Company, Inc. ("TLC"), the world's second largest consumer software company, announced that they have signed a definitive agreement for the merger of their two companies (the "Merger"). Redefining Hybrid Office Space To Boost Employee Productivity, Todays Heardle Answer And Clues For Sunday, March 5, The Early Returns Of Kevin Durant In The Phoenix Suns Offense. Shares took a hit after Mattel said sales will be flat this year as. By clicking the "" button, you are agreeing to the December 14, 1998 / 10:38 AM / CBS MarketWatch. Its interesting how many of the worst M&A failures of all time happen around the same period: the changeover to digital and how many dealmakers failed to understand the dynamics of the changeover. By clicking the "Continue" button, you are agreeing to the It ultimately ended up paying US$50 billion for the acquisition, making one wonder where the financial due diligence was when it was needed most. You may occasionally receive promotional content from the Los Angeles Times. And so they did. The year 1998 was a tumultuous year of market consolidation in the consumer software arena. Deposed Chief Executive Jill Barad pushed Mattel to acquire the Cambridge, Mass., company last May for $3.6 billion in an attempt to sharpen its high-tech product line. What do all of these deals have in common? The lack of orders from retailers hit almost all of Mattels well-known lines, including Barbie, the venerable doll whose sales had been growing at a 10% rate over 1997. 20 percent to 23 11/16. Despite the stock price plunge, industry observers generally applauded the merger deal, which would give the worlds largest toy maker an immediate presence in the fast-growing world of high-tech games and software. MATTEL AND THE LEARNING COMPANY: A CASE OF AN ACQUISITION IN TROUBLE Laurel Mitchell, Claremont McKenna College, 500 E. Ninth Street, Claremont, CA 9171 I. . Monday through Friday. June 10, 2022 . 8 a.m. 5 p.m. GMT fuzhou international mail processing center to uk green lady lounge dress code trailer << /Size 112 /Info 67 0 R /Root 72 0 R /Prev 202859 /ID[] >> startxref 0 %%EOF 72 0 obj << /Type /Catalog /Pages 66 0 R /FICL:Enfocus 68 0 R /Outlines 75 0 R /PageMode /UseOutlines /OpenAction 73 0 R >> endobj 73 0 obj << /S /GoTo /D [ 74 0 R /FitH -32768 ] >> endobj 110 0 obj << /S 69 /T 189 /O 235 /Filter /FlateDecode /Length 111 0 R >> stream 0000002394 00000 n Mattel has acquired 11 companies. O'Leary wouldn't say how long it would take for such a toy to appear. Get weekly updates about M&A Science upcoming webinars, podcasts and events! As CEO of Mattel Inc., 1 a leading toy manufacturer, she could dictate trends. Terms of service Privacy policy Editorial independence. To account for that arrangement, Mattel will take an after-tax loss of $430 million. as Reader Rabbit, Carmen Sandiego, Riven and Myst. El Segundo, California A mere sixteen months lat~, the acquisition was deemed a failure. Shares of The Learning Company (NYSE: TLC) fell 1 15/16 to 26 3/8 and Mattel (NYSE: MAT) plunged 20 percent to 23 11/16. This does have a ring to it. Time is Running Out, Motorola's handy Bluetooth device adds satellite messaging, Linux 6.2: The first mainstream Linux kernel for Apple M1 chips arrives, Sony's new headphones adopt WH-1000XM5 technology at a great price, The perfectly pointless $197 gadget that some people will love. Organize, manage and create an accelerated M&A process. 0000006914 00000 n 0000009511 00000 n He added that the restructuring is expected to generate about $200 million in pretax savings. The issue is that what constituted mortgage in the first decade of the 21st century in the United States was yet to become apparent. largest cattle station in western australia. mat would be exchanged for $33 of Mattel stock as long as Earlier, Hasbro purchased electronic games company Tiger Electronics Inc. and software games maker MicroProse Inc. And while Mattel and Hasbro have had tough times in the past making the adjustment to interactive kinds of stuff, this deal would seem to get thumbs up from everyone involved, said Eric Johnson, a marketing professor at Vanderbilt University in Nashville who studies the industry. 2022Gartner, Inc. and/or its affiliates. Baskin-Robbins adds a hint of waffle, and voila, Federal Reserve officials sound warnings about higher rates, White House cyber plan would hold software companies liable for attacks, Silvergate warns of more losses, viability of its business after crypto crisis, Justice Dept. What's worse, it lost $206 million for the twelve months ended Dec. 31, 1999, including $183 million in the fourth quarter, which caused Mattel's 1999 calendar-year loss of $86 million. www.mattel.com. Uncategorized. Earlier this year, Mattel acquired American Girl, a mail-order doll company that does $600 million in direct-to-consumer sales. The managers behind this deal were rushing to get into new media, without truly understanding the dynamics of the new media landscape. View all OReilly videos, Superstream events, and Meet the Expert sessions on your home TV. Software sales leaders in the last year, measuring retail sales of all computer software from November 1997 through October 1998: Market Share Rank Company Retail sales (% of dollar volume) 1 Microsoft $1.2 billion 22.9% 2 Learning Co. 592.8 million 11.7 3 Cendant Software 419.5 million 8.3 4 Intuit 296.3 million 5.8 5 Symantec 216.2 million 4.3 6 Electronic Arts 158.3 million 3.1 7 Adobe Systems 155.4 million 3.1 8 Network Associates 132.2 million 2.6 9 GT Interactive 120.6 million 2.4 10 Hasbro Interactive 102.7 million 2.0. Learning Co. has projected 1998 revenue of $850 million. because retailers aren't reordering toys. 0000002440 00000 n During an early-morning call with investors and financial analysts, Mattel Chief Executive Robert Eckert said small Los Angeles-based investment firm Gores Technology Group will take software maker Learning Co. off Mattels books in a zero-cash-upfront deal. It produced a grade-based system similar to Knowledge Adventure's JumpStart series. Inventory correction We work with you to select the best-fit providers and tools, so you avoid the costly repercussions of a poor decision. a toymaker into more interactive items. "Together we reach almost every home in America with our products.". Just think of where some of these companies could have better invested that money. Hb```f````e``Re`@ jn10ptWlsdVvV"ew4rN -Je>sSWrzdW,L,jHKKHC (7r xG3Uy' i 311hf`6s`j&w FS ~Cy% "The problems with the acquisition can't be overstated. the average price of Mattel shares are between 27 1/2 and 33 in Market Volatility To Continue Its The Economy (Stupid)! It was supposed to bring in money and it lost a lot of money," says David Leibowitz, an analyst with Burnham Securities in New York. But Barad said the deal remains on track. points out the computer company Compaq is itself "a failed merger between Compaq and Digital Equipment. She was style-setting industrially and personally, with movie-star charisma and fashionable attire. They can be developed so they point users back to a commerce site," he said. %PDF-1.3 % mattel and the learning company merger failure; Posts; Uncategorized; mattel and the learning company merger failure; mattel and the learning company merger failure. The Learning Company, which acquired Broderbund in June, said the exchange ratio The aim was to create interactive toys by infusing technology into regular toys. Mattel said it will now have a $1 billion interactive software business with 0000002211 00000 n and Combined reach You can overpay for a company which may even be a good fit (AOL/Time Warner), misunderstand the dynamics of a market (Google and Nokia) or simply not perform enough due diligence (Bank of America and Countrywide). In 2014, Motorola was divested for just US$2.9 billion. 0000003097 00000 n 0000002542 00000 n The key from our standpoint is to stop the cash drain--to sell all of it in one transaction and get this behind us, Eckert said in his comments to the investment community. Call it a learning experience. Barad left in February, after a rocky three-year run at Mattel. Get full access to Deals from Hell and 60K+ other titles, with a free 10-day trial of O'Reilly. This publication may not be reproduced or distributed in any form without Gartners prior written permission. If Gores resells the company within a six-month period, Mattel will reportedly share half of the proceeds. and mattel and the learning company merger failure. It seems bizarre now, but when Bank of America acquired Countrywide at the beginning of 2008 for a price of just US$2 billion, many thought it was a shrewd investment. We provide actionable, objective insight to help organizations make smarter, faster decisions to stay ahead of disruption and accelerate growth. DealRoom is structured to keep all your deals in one place. It filed for bankruptcy in 2018 after 125 years in existence. Join Mergr and gain access to Mattels M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the consumer products sector. the 20-day period before the merger closes. California Consumer Products with Acquisitions, California Consumer Products with Divestitures, Recently Acquired Consumer Products Companies, Recently Sold Consumer Products Companies, Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Whats more, what looked like strong sales at Learning Co. turned out instead to be a product glut, much of which was eventually returned to the company after it failed to spark interest among consumers. Toys R Us has cut inventory by 50 percent. HTn0EYTEj{HY;cT]3Apw64^A8w`{3/6 |N3{t8 and the mid-1990s geek obsession "Myst," but it hasn't delivered a killer title in several years. Jill E. Barad was a standout figure in an industry that depended on the ability to stand out. Manage all your deals & contacts in one place, Speed up and simplify due diligence process. Mattel then opted to delay delivery of $150 million in 1999 toys until early next year. 0000002047 00000 n Take Mattel MAT , . Sales were strong into the Thanksgiving weekend, Barad said, but everything came to a screeching halt as inventory-conscious retailers stopped placing orders. Baskin-Robbins adds a hint of waffle, and voila, Federal Reserve officials sound warnings about higher rates. This is Mattels 3rd transaction in the United States. "We have systems prepared for the end of the first quarter able to have online transactions take place across all of our brands," said Barad. For example, toy company Mattel tried to enter the e-learning market in 1999 with the purchase of The Learning Company. O'Leary said that children's toys will be much more interactive as technology becomes more advanced and PCs become cheaper. ET Mondays stock price plunge surprised analysts who had expected Mattels Barbie and Hot Wheels lines to enjoy a bright holiday season. 35 0 obj << /Linearized 1 /O 37 /H [ 1160 406 ] /L 80501 /E 52613 /N 8 /T 79683 >> endobj xref 35 36 0000000016 00000 n 0000001067 00000 n 0000001566 00000 n 0000001720 00000 n 0000001954 00000 n 0000002517 00000 n 0000002556 00000 n 0000003312 00000 n 0000003707 00000 n 0000003756 00000 n 0000004252 00000 n 0000015753 00000 n 0000017777 00000 n 0000018162 00000 n 0000018707 00000 n 0000019174 00000 n 0000028545 00000 n 0000028680 00000 n 0000029028 00000 n 0000031327 00000 n 0000031607 00000 n 0000032009 00000 n 0000032670 00000 n 0000033058 00000 n 0000033613 00000 n 0000033998 00000 n 0000034297 00000 n 0000039128 00000 n 0000039416 00000 n 0000039531 00000 n 0000039600 00000 n 0000039678 00000 n 0000040511 00000 n 0000043188 00000 n 0000001160 00000 n 0000001545 00000 n trailer << /Size 71 /Info 33 0 R /Root 36 0 R /Prev 79673 /ID[<6e98e89cc194791156f92f292387a49a>] >> startxref 0 %%EOF 36 0 obj << /Type /Catalog /Pages 32 0 R /Metadata 34 0 R /PageLabels 31 0 R >> endobj 69 0 obj << /S 261 /L 360 /Filter /FlateDecode /Length 70 0 R >> stream Do Not Sell or Share My Personal Information. 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Kison Patel is the Founder and CEO of DealRoom, a Chicago-based diligence management software that uses Agile principles to innovate and modernize the finance industry. 0000001680 00000 n This is Mattels 1st transaction in Iowa. Observers say Learning Co. would give Mattel a hefty edge in its ongoing battle with Hasbro Inc., the No. The acquisition caused problems almost immediately for the El Segundo, Calif.-based Mattel, as dealers returned unsold units and questions surfaced about the new unit's accounting practices. Details "But we spoke to them as far back as a year ago about our intent in their company.". Opinion: How has American healthcare gone so wrong? The Learning Company's $850 million in estimated 1998 sales in the fold. It has been said in some quarters that the two cultures were too different to ever be brought together. Shares in Mattel fell 13 cents on Friday to $11.50 on the New York Stock Exchange. Mattel's corporate headquarters in El Segundo, California. Empat tipe dasar merger adalah horizontal, vertikal, kongenerik, dan konglomerat. That scenario seems unlikely, given that Mattel has tried since April to sell the division. Eckert also briefly sketched a cost-cutting plan for Mattel that includes a 10% reduction in the work force, about 350 positions, along with a program to pare manufacturing and other administrative costs. A year after the deal, the company reported a write-down of US$99 billion - the largest annual net loss ever reported. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Just a year later, the . 0000001168 00000 n One of the few women leading a Fortune 500 company, she assumed near-iconic status as a role model for other women. Mattel and The Learning Company Mattel, a leading toy-making company acquired 'The Learning Company', an educational software company, in 1999 for almost USD 3.6 billion. Mattel shares inched up 44 cents, to $10.94, in trading today. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Learn how DealRoom can help improve your collaboration, minimize diligence, and skyrocket positive deal outcomes, whether youre in the midst of M&A, fundraising, or other types of dealmaking process. 0000002127 00000 n Without an understanding of the landscape, the danger existed that the participants would overpay. The products for preschoolers through second graders feature Reader Rabbit, and software for more advanced students features The ClueFinders. Mattel designs, manufactures, and markets a broad variety of toy products. 2023Gartner, Inc. and/or its affiliates. Just two years later, Mattel sold the Learning Company for about a tenth of what it bought it for, with no strategy, no products and no synergies to show for the acquisition. Our independence as a research firm enables our experts to provide unbiased advice you can trust. Strategic failure. In September 2000, MaRel announced the sale of the Learning Company unit, for almost no cash and the right to a share of the unit's future . For further information, see Guiding Principles on Independence and Objectivity. Pending approval by the Securities and Exchange Commission (SEC), the merger should be finalized this March. Gartner Terms of Use The Learning Company, for $3.5 billion in 1999." . When it does, the two should have a well-established strategy for selling it on the Internet. Even the CEO of the Learning Company said of the deal at the time: the lines of distinction between consumer software and toys begin to grey or blur when you get out past two years.. Failed Mergers and Acquisitions Examples America Online and Time Warner (2001): US$65 billion Daimler-Benz and Chrysler (1998): US$36 billion This final pricey deal ultimately led to the ouster of one of the 1990's highest profile corporate chiefs. 0000010298 00000 n Oops! Mattel bought the company just as children were trading in their CD-ROMs--Learning Co.s main delivery method--for games and programs downloaded from the Internet. Things worsened in the fourth quarter, as The Learning Company's pre-tax losses reached $183 million. But instead of selling the Learning Co. division, for which Mattel paid $3.5 billion a year ago, Mattel opted to give it away. The Learning Company was sold to a publicly-traded strategic buyer in 2001 for 60M USD. 0000007716 00000 n Before we dive into each case, I should mention here our other blogpost about successful acquisition examples here. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Join 2,000+ forward-thinking M&A practitioners. The deal is just one avenue that Mattel is exploring because consumers are buying more nontraditional toys such as electronic and computer games. Looking over the longer term, I think we will be much better positioned on share price.. Speak with a Gartner specialist to learn how you can access peer and practitioner research backed by proprietary data, insights, advice and tools to help you achieve stronger performance. Mattel Chairman and Chief Executive Jill Barad said the deal, which now must be approved by federal regulators and shareholders at both companies, would help Mattels ongoing transformation from a toy company to a global childrens products company. Avoiding M&A failures means paying more attention to details like these and less to the grand narrative behind the deal. Yet, despite the seemingly crazy developments of 1998, few would have guessed that one of the largest producers and acquirers of consumer software would be in turn acquired by a toy mogul. The combined Sears Holdings, was the third biggest retailer in the United States at the time of the deal, but e-commerce was just about to take-off. Leaders can store and control access to documents, assign and prioritize tasks, as well as communicate with team members and clients - all on the platform! Sign up for the California Politics newsletter to get exclusive analysis from our reporters. 0000008613 00000 n Gartner Terms of Use But Mattel shares (chart) have been battered lately. sexting without relationship / junio 14, 2022 . that plagued PC makers last year and the first half of this year. At DealRoom, weve hosted hundreds of successful deals. 7-Day Free Trial. 0000002913 00000 n The plan to . "You don't look . mattel and the learning company merger failuredoes hulu charge tax in california. %PDF-1.3 % HV[n0mIQ?. Testing RFID blocking cards: Do they work? The products for preschoolers through second graders feature Reader Rabbit, and software for more advanced students features The ClueFinders. Mattel closed Profits a problem NEW YORK (AP) _ Mattel Inc. will buy The Learning Company Inc., a giant computer software manufacturer, for $3.8 billion even as the world's biggest toymaker warned its earnings will be lower than expected. /4xbs~OBNG`s2(NiVVjrI)H 0000004052 00000 n jsbacContactjsbacContact A total of 2 acquisitions came from private equity firms.It has also divested 2 assets.. Mattel's largest acquisition to date was in 1998, when it acquired The Learning Company for $3.8B. Although once the worlds biggest handset manufacturer, Nokia had failed to keep up with developments. HVMs0 uZO\VlZ]I}i.Oo4 Just think of where some of these companies could have better invested that money. 0000005095 00000 n Mattel has acquired in 5 different US states, and 4 countries. Bank of America had basically acquired bad debt for US$2 billion. Mattel also plans to start catalog and online sales of its lines in 1999, Barad said. 90245 You may opt-out by, Amazons Daisy Jones & The Six Tops Music And TV Charts, China Aims For Its Gross Domestic Product To Expand Around 5% In 2023, Todays Wordle #624 Hint, Clues And Answer For Sunday, March 5th, UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon. The Learning Co. suffered merger problems of its own. Mattel has remained a childhood staple for decades, and in 1999, it attempted to tap into the educational software market by scooping up almost-bankrupt The Learning Company (creators of. Gores said Friday that it wasnt until after the deal was signed that he realized where his competition was coming from. This almost-great Raspberry Pi alternative is missing one key feature, This $75 dock turns your Mac Mini into a Mac Studio (sort of), Samsung's Galaxy S23 Plus is the Goldilocks of Smartphones, How the New Space Race Will Drive Innovation, How the metaverse will change the future of work and society, Digital transformation: Trends and insights for success, Software development: Emerging trends and changing roles. Our research practices and procedures distill large volumes of data into clear, precise recommendations. Some toy industry observers questioned whether the stock price plunge might force Mattel to change terms of the planned deal. 0000006935 00000 n The transaction as described makes for an excellent fit, said David Leibowitz, a toy industry analyst with Burnham Securities in New York. A total of 2 acquisitions came from private equity firms. Mattel said today that it is looking to sell its interactive software unit, The Learning Company, which the toy maker had characterized as a distraction and blamed for disappointing 1999 earnings, less than a year after buying it. Deficits in the strategic logic or the market behaving differently than intended in the strategic plan foil M&A goals. But a narrative isnt enough. 0000001307 00000 n a,^'311\4y02CRN pc`7L@ ` l endstream endobj 70 0 obj 293 endobj 37 0 obj << /Type /Page /Parent 32 0 R /Resources 38 0 R /Contents 46 0 R /MediaBox [ 0 0 612 792 ] /CropBox [ 0 0 612 792 ] /Rotate 0 >> endobj 38 0 obj << /ProcSet [ /PDF /Text /ImageC /ImageI ] /Font << /F1 41 0 R /F2 48 0 R /F3 56 0 R /F4 58 0 R /F5 63 0 R >> /XObject << /Im1 68 0 R >> /ExtGState << /GS1 65 0 R >> /ColorSpace << /Cs6 40 0 R /Cs8 43 0 R >> >> endobj 39 0 obj << /Type /FontDescriptor /Ascent 694 /CapHeight 662 /Descent -215 /Flags 6 /FontBBox [ -167 -216 1009 913 ] /FontName /DIMGHD+TimesNewRomanPSMT /ItalicAngle 0 /StemV 0 /XHeight 447 /CharSet (/n/o/period/space/one/hyphen/zero/seven/two/T/h/i/s/c/a/e/b/d/r/y/J/W/g/\ t/quoteright/u/p/v/f/P/S/F/k/l/R/copyright/D/m/C/A/comma/B/six/three/fou\ r/j/x/M/eight/w/five/nine/E/O/dollar/H/L/semicolon/quotedblleft/quotedbl\ right/N/Y/G/colon/quoteleft/U/parenleft/q/parenright/I/Q/K/percent/z/ell\ ipsis/ampersand/question) /FontFile3 45 0 R >> endobj 40 0 obj [ /ICCBased 67 0 R ] endobj 41 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 169 /Widths [ 250 778 778 778 500 833 778 778 333 333 778 778 250 333 250 778 500 500 500 500 500 500 500 500 500 500 278 278 778 778 778 444 778 722 667 667 722 611 556 722 722 333 389 722 611 889 722 722 556 722 667 556 611 722 778 944 778 722 778 778 778 778 778 778 778 444 500 444 500 444 333 500 500 278 278 500 278 778 500 500 500 500 333 389 278 500 500 722 500 500 444 778 778 778 778 778 778 778 778 1000 778 778 778 778 778 778 778 778 778 444 444 333 333 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 778 760 ] /Encoding 44 0 R /BaseFont /DIMGHD+TimesNewRomanPSMT /FontDescriptor 39 0 R /ToUnicode 42 0 R >> endobj 42 0 obj << /Filter /FlateDecode /Length 321 >> stream Finally, in May of 1999 Mattel added the Learning Company paying $3.5 billion or 4.5 times annual sales. [._TuRb*uY$+i&l^# -T`#t1[5j&K^Hx%|8`mv~. Fill out the form to connect with a representative and learn more. situs link alternatif kamislot mattel and the learning company merger failure Do you need one? "We're looking at selling our products to consumers over the Internet in the near future," he said. Opinion: How has American healthcare gone so wrong? The 20-day period will end This is Mattels 1st transaction in the Software sector. Motif merger spesifik lainnya termasuk pertumbuhan atau diversifikasi, sinergi, penggalangan dana, peningkatan keterampilan atau teknologi manajerial, pertimbangan pajak, peningkatan likuiditas kepemilikan, dan pertahanan terhadap pengambilalihan. Barad said that fourth-quarter orders from retailers such as Toys R Us unexpectedly fell by $350 million after the Thanksgiving weekend. Although Mattel declined to outline the specifics of either its arrangement with Gores or its restructuring programs, sources familiar with the negotiations said Mattel will share in any Learning Co. profit based on a sliding scale that will move down over a five-year period. Learn how to use DealRoom's M&A Lifecycle Management Software, Educational resources for each stage of the deal lifecycle. Now Mattel sees 1998 revenue flat with a year ago with earnings projected 0000004181 00000 n These Experts Are Racing to Protect AI From Hackers. Contact us today with any question you have. 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