Toymakers Mattel, Hasbro held talks on possible merger - Bloomberg

(Reuters) - U.S. toymakers Mattel Inc and Hasbro Inc have held talks about a possible merger, Bloomberg reported on Thursday, citing people familiar with the matter. Mattel's shares rose as much as 8.2 percent to a 16-month high of $34.36, before easing to trade up 1.6 percent in late afternoon trading. Hasbro was up 1.3 percent.