Updated: According to The Wall Street Journal, Mattel has attracted acquisition interest from Authentic Brands Group.

Supplemented with stock price and details from the press release

Reuters, October 1 - According to The Wall Street Journal on Thursday, citing sources familiar with the matter, Mattel (MAT.O) has been privately discussing an acquisition offer from Authentic Brands Group, which could value the Barbie doll manufacturer at about $6 billion or more.

The report stated that Authentic Brands Group is negotiating an acquisition offer that could value Mattel at more than $20 per share. Mattel's current market capitalization is about $3.62 billion, and its stock price rose approximately 4% in afternoon trading.

Mattel and Authentic Brands Group have not immediately responded to Reuters' requests for comment.

On Wednesday, Mattel announced that its Chief Executive Officer Ynon Kreiz will step down from his position (link), after which its share price closed about 4% lower at $12.66.

(To facilitate non-native English speakers, Reuters has automated the translation of this report into several other languages. Because automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers' convenience. Reuters accepts no responsibility for any damage or loss caused by use of the automated translation feature.)