Mattel has reportedly sold off The Learning Company. The purported buyer is Los Angeles-based Gores Technology Group, a company specializing in turning around trouble tec...
Mattel has reportedly sold off The Learning Company. The purported buyer is Los Angeles-based Gores Technology Group, a company specializing in turning around trouble technology concerns. Mattel is expected to take a $430 million dollar after tax charge related to the discontinued operation. Terms of the sale have not been disclosed.