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| | | Author: | wildchicken13  | | Posted: | Apr 1, 2024 09:19 | | Subject: | Mattel Buys BrickLink | | Viewed: | 316 times | | Topic: | Trades | |
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| 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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| | | | | Author: | popsicle | | Posted: | Apr 1, 2024 09:24 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 70 times | | Topic: | Trades | |
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| 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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Very creative April Fools
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| | | | | Author: | Saitobricks.ca | | Posted: | Apr 1, 2024 09:24 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 44 times | | Topic: | Trades | |
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| 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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Russell was the driving force behind the decision to sell
That’s why we had the merge, it was to upset people, so they will look forward
to mega.
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| | | | | Author: | 1001bricks | | Posted: | Apr 1, 2024 09:29 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 51 times | | Topic: | Trades | |
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| 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.
Kreiz has assured the public that all of BrickLink's 28 employees will be
retained for the forseeable future, including longtime administrator Russell
Callender.
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Thank you for posting this important news!
The truth is I'm very excited to announce they'll proposed the forum
Moderation to myself (probably after having checked the poor Seller Feedback
rating of the other Sylvain...)
Be sure I'll respect all opinions which corresponds to mine!
Please have a good one (April),
--
Sylvain
MattelLink(tm) Forum Moderator.
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| | | | | | | Author: | Saitobricks.ca | | Posted: | Apr 1, 2024 09:32 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 46 times | | Topic: | Trades | |
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| In Trades, 1001bricks writes:
| | 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.
Kreiz has assured the public that all of BrickLink's 28 employees will be
retained for the forseeable future, including longtime administrator Russell
Callender.
|
Thank you for posting this important news!
The truth is I'm very excited to announce they'll proposed the forum
Moderation to myself (probably after having checked the poor Seller Feedback
rating of the other Sylvain...)
Be sure I'll respect all opinions which corresponds to mine!
Please have a good one (April),
--
Sylvain
MattelLink(tm) Forum Moderator.
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I always knew you worked for mega, that fig on your pic is a dead giveaway!
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| | | | | Author: | RedTardis | | Posted: | Apr 1, 2024 10:54 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 65 times | | Topic: | Trades | |
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| you got me. i panicked for 5 seconds.
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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| | | | | Author: | CykillsGarage | | Posted: | Apr 1, 2024 11:35 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 47 times | | Topic: | Trades | |
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| 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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Wow you really had me : O
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| | | | | Author: | Cristoforus | | Posted: | Apr 1, 2024 12:12 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 46 times | | Topic: | Trades | |
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| I have always been somewhat curious as to which members might own Castle Grayskull,
or even The Witcher.
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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| | | | | Author: | WildBricks | | Posted: | Apr 1, 2024 12:42 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 53 times | | Topic: | Trades | |
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... and it's been taken down.
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| | | | | | | Author: | 1001bricks | | Posted: | Apr 1, 2024 13:01 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 42 times | | Topic: | Trades | |
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| In Trades, WildBricks writes:
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... and it's been taken down.
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Lawyers and humour... 
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| | | | | | | Author: | Saitobricks.ca | | Posted: | Apr 1, 2024 13:33 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 50 times | | Topic: | Trades | |
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| In Trades, WildBricks writes:
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... and it's been taken down.
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It’s was never up
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| | | | | | | Author: | yorbrick | | Posted: | Apr 1, 2024 14:43 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 42 times | | Topic: | Trades | |
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| In Trades, WildBricks writes:
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... and it's been taken down.
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Was it ever up though? Some of it is very BL specific humour for those in the
know.
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| | | | | Author: | Nubs_Select | | Posted: | Apr 1, 2024 12:57 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 38 times | | Topic: | Trades | |
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| | | | | Author: | elias3 | | Posted: | Apr 1, 2024 14:48 | | Subject: | Re: Mattel Buys BrickLink | | Viewed: | 63 times | | Topic: | Trades | |
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| 🤣🤣👍
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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USA, Illinois
Canada, Ontario
France, Provence-Alpes-Côte d'Azur
United Kingdom, England
Belgium, Oost-Vlaanderen
