company is excited about marshmallow acquisition. mattel...

  1. 1,507 Posts.
    company is excited about marshmallow acquisition. mattel approved buying them out, until upper management scuttered the deal as they weren't doing enough sales yet - told them to come back when they had reached $20m sales and they'd buy it. owners decided they'd get a better return through BRT shares and the BRT sales network.

    alex is @ NY toy fair.

    there will be more oppies (~1m) going to bob finn @ 0.325

    noble investments abstained from voting on resolution 3 (marshmallow acquisition)

    company isn't overly concerned with US slowdown - commenting that toy industry typically isn't affected as much, especially as marshmallow is around $US20 range. expect marshmallow to appear on oprah winfrey show some time soon too.

 
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