Question: On September 3 0 , 2 0 0 0 , Mattel , a major toy manufacturer, virtually gave away The Learning Company , a maker
On September Mattel a major toy manufacturer, virtually gave away The Learning Company a maker of software for toys, to rid itself of a disastrous acquisition of a software publishing firm that actually had cost the firm hundreds of millions of dollars. Mattel, which had paid $ billion for the firm in sold the unit to an affiliate of Gores Technology Group for the rights to a share of future profits. Was this related or unrelated diversification for Mattel? Explain your answer. How might your answer to the first question have influenced the outcome?
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