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BlueMountain's Zorub Says He's Betting Against Mattel Shares

2015-09-30 03:26:06| Toys - Topix.net

Zorub said he believes the company will meaningfully disappoint sales expectations because its legacy brands are losing relevance and it will soon lose a "phenomenon" -- a license to market dolls and toys from the hit Walt Disney Co. movie "Frozen," he said at the Sohn Canada conference presented by Capitalize for Kids in Toronto on Tuesday.

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