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JAKKS Pacific (JAKK) Announces Receipt of Additional Expression of Interest

  • September 6, 2019

POTENTIAL DEAL DETAILS

StockJAKKS Pacific, Inc.SymbolJAKK
Date Announced09/06/2019Source Press Release
TypeUnsolicited BidAcquiring Company/Person N/A

JAKKS Pacific, Inc. (JAKK) announced today that it has received an additional non-binding expression of interest to acquire all of the shares of the Company’s common stock for an indicated price of between $0.85-$0.90 per share on a fully diluted basis.

Update(s):

October 09, 2019: Troubled toymaker Jakks Pacific Inc. (JAKK) is nearing a sale to rival Just Play in a bid backed by private equity firm Centerbridge Partners, according to people familiar with the matter.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.