Toys R Us (Long Trickle-Down Effects): Mattel & Hasbro
Toy Suppliers Get Hammered by Toys R Us Bankruptcy
Callback to the Toys R Us bankruptcy whereMattel Inc. ($MAT) was listed as one of the toy behemoth's largest unsecured creditors, owed a staggering $135.6mm. Notably, that was a big enough loss for Mattel to agree to sit on the DOJ-appointed official committee of unsecured creditors. For the uninitiated,…
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