Consumer Cyclical Sector Review: Jakks Pacific Buyout Offer, Sony’s Look at Olympus
JAKKS Pacific, Inc. (NASDAQ:JAKK): Oaktree Capital Management, which had its October $20 a share buyout offer refuted by Jakks Pacific (NASDAQ:JAKK), may try again with “an offer below $20 but above the current price, according to an analyst at BMO Capital Markets, reported Bloomberg.
The shares closed at $14.69, up $0.77, or 5.53%, on the day. Its market capitalization is $381.66 million.
The shares closed at $18.53, up $0.68, or 3.81%, on the day. Its market capitalization is $18.60 billion.
Ford Motor Company (NYSE:F): Stefan Jacoby, CEO of Volvo Cars, said the company is looking for a partner to co-develop new compact models based on technology it retains from former owner Ford (NYSE:F), reported Financial Times.
The shares closed at $12.66, up $0.07, or 0.56%, on the day. Its market capitalization is $48.11 billion.
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