Cheddar Morning Business Update 11/13:Hasbro, Mattel reportedly in merger talks

Posted: Updated:
  • Hasbro reportedly wants buy Mattel and has made an offer, according to the Wall Street Journal. If true, the deal would bring together two of the best known kids' brands behind names like My Little Pony, Barbie and Hot Wheels.
  • Alibaba’s Singles’ Day—a made-up online shopping holiday in China, brought in a record $25.4 billion on Saturday.  A total crushing more than Cyber Monday and Amazon Prime Day combined. More than 40% of the brands taking part come from outside China.
  • ESPN's Sports Center is coming to Snapchat. The show launches today at 5 p.m. Other networks like NBC have poured millions of dollars into bringing their content to the younger Snapchat audience. 
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