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JAKKS Pacific, Inc. Message Board

  • wallstreet10007 wallstreet10007 Jul 28, 2013 6:25 PM Flag

    Oaktree Capital take over jakk in 2011, then August 2012. Now shares are cheaper. Who knows.

    Thanks for the previous user's post, i googled oaktree capital and Jakk, read a few articles. Old offer was 20/sh in 2011, which was rejected by management. Then 2012, even after 3 quarters of sales decline, oaktree capital had renewed interest in taking over Jakk, again Jakk management said offer was too low. Search oaktree capital and Jakk. Renewed b/o talks in August 2012. Now the shares are cheaper, plus with huge insider purchase in July, who knows.

    Sentiment: Strong Buy

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