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.