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Mattel baffles with consultant contract for ex-CEO

Mar. 17, 2015 2:55 PM ETMattel, Inc. (MAT) StockMATBy: Clark Schultz, SA News Editor5 Comments
  • Piper Jaffray finds it rather unconventional that Mattel (MAT -2%) has signed a consulting agreement with its recently departed CEO.
  • The investment firm says the development could create some confusion with Byran Stockton being identified by Mattel insiders and investors as part of the problem not the solution.
  • Piper maintains a Neutral rating on Mattel until visibility on risk clears.
  • Mattel's SEC 8-K filing on the hiring

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