Sunday, 7 August 2011

Mattel in line for Hit takeover

sky NEWS have revealed that toy manufacturer Mattel are in advanced talks to purchase Hit Entertainment's bid on taking over the company.

City Editor, Mark Kleinman has said that the toy company are now frontrunners for the buyout and have created an offer.
The news of Hit Entertainment's takeover situation has surfaced since it's inception a few years back.

Mattel and Apax Partners have since remained private over the latest development.

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