Author:  elias3  Posted:  Apr 1, 2024 14:48  Subject:  Re: Mattel Buys BrickLink  Viewed:  71 times  Topic:  Trades Cancel Reply

BrickLink ID Card elias3 (4594) Location:  Belgium, Oost-Vlaanderen Member Since Contact Type Status Collage Oct 29, 2001 Seller Store: Elias' Brick-store BrickLink Translated Help Editor (?) -

🤣🤣👍 In Trades, wildchicken13 writes:    Just read this in the Wall Street Journal: April 1, 2024 9:31 AM PDT LOS ANGELES—On Monday morning, Ynon Kreiz, CEO of Mattel, Inc., publicly announced his intention to purchase BrickLink, Inc. from the LEGO Group. Mattel is the owner of MEGA Brands, the manufacturer and distributor of MEGA BLOKS construction toys. BrickLink is an online platform where users can buy and sell LEGO®-brand products. The announcement comes in the wake of the BrickLink administration's decision to remove many older products from the platform, a decision which upset a small minority of its clients. After a series of negotiations and research from a neutral third-party market valuation firm, the two sides have agreed on a final price tag of 2.19 USD. The deal is expected to close by the end of July 2042, after BrickLink provides the California Department of Tax and Fee Administration with some much-needed paperwork in order to complete the deal. In the meantime, Mattel plans to begin removing all LEGO®-brand products from the platform and replacing them with their MEGA-brand equivalent, if available. Kreiz has assured the public that all of BrickLink's 28 employees will be retained for the forseeable future, including longtime administrator Russell Callender. Here is the link to the full article: https://www.wsj.com/business/deals/mattel-acquires-bricklink-from-the-lego-group-5f610288

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Mattel Buys BrickLink - wildchicken13 (876)

Just read this in the Wall Street Journal: April 1, 2024 9:31 AM PDT LOS ANGELES—On Monday morning, Ynon Kreiz, CEO of Mattel, Inc., publicly announced his intention to purchase [...] (2 months ago, Apr 1, 2024, to Trades)

14 Messages in this Thread:

 Msg 1 - wildchicken13 (876) 2 months ago Apr 1, 2024 to Trades
 Msg 2 - popsicle (6664) 2 months ago Apr 1, 2024 to Trades
 Msg 3 - Saitobricks.ca (37) 2 months ago Apr 1, 2024 to Trades
 Msg 4 - 1001bricks (52394) 2 months ago Apr 1, 2024 to Trades
 Msg 5 - Saitobricks.ca (37) 2 months ago Apr 1, 2024 to Trades
 Msg 6 - RedTardis (2110) 2 months ago Apr 1, 2024 to Trades
 Msg 7 - CykillsGarage (3) 2 months ago Apr 1, 2024 to Trades
 Msg 8 - Cristoforus (139) 2 months ago Apr 1, 2024 to Trades
 Msg 9 - WildBricks (6350) 2 months ago Apr 1, 2024 to Trades
 Msg 10 - 1001bricks (52394) 2 months ago Apr 1, 2024 to Trades
 Msg 11 - Saitobricks.ca (37) 2 months ago Apr 1, 2024 to Trades
 Msg 12 - yorbrick (1185) 2 months ago Apr 1, 2024 to Trades
 Msg 13 - Nubs_Select (3781) 2 months ago Apr 1, 2024 to Trades
 Msg 14 « - elias3 (4594) 2 months ago Apr 1, 2024 to Trades