In 2012, the company spent $1.7 million fighting a takeover bid by investment firm Oaktree Capital Management, which had offered $20 a share to take the company private.
Jakks rejected that offer, saying it undervalued the company. Talks with Oaktree stalled in June of last year.well,then take a Guess? How Much?
At 4.80, it should be a no brainier.
200 $2.5 put Dec 13 and 200 $2.5 put Mar 14 traded today
if you ask people who bought 200 contracts of Dec 21 $2.50 put, or 178 contracts of Dec 21 $5.00 put for $0.70, then JAKK should be worth less than $2.4 or less than $4.3 per share.
Those contracts are going to expire worthless.