What changed
EdgePoint Investment Group, an approximately 18% stockholder of Mattel, entered a cooperation agreement with the company. EdgePoint Partner Lee Matheson joined Mattel's Board of Directors in conjunction with the agreement. The agreement includes customary voting, standstill, confidentiality and other provisions and will be filed with the SEC on a Form 8-K.
Why it matters
EdgePoint Investment Group, an approximately 18% stockholder of Mattel, entered a cooperation agreement with the company. EdgePoint Partner Lee Matheson joined Mattel's Board of Directors in conjuncti