MGA CEO says Mattel will be bankrupt 'within a year or so' after takeover bid is rejected
June 13, 2019 at 16:54 PM EDT
MGA Entertainment CEO Isaac Larian said on CNBC's Closing Bell that toymaker Mattel will be bankrupt "shortly, within a year or so" after the rival company rejected MGA's takeover. Mattel shares dipped briefly following the comments