Sunday, 3 January 2016

Beautiful flat panel makers auction Barbie vs Sharks

Posted by admin on 03:14:00 with No comments
United States children's flat panel makers technology and Fuji Kang Chuan Fuhu financial disputes and bankruptcy, attracting investors to bid for, and currently includes toymaker Mattel bid (Mattel), as well as the golf star Norman founded the hedge fund.

"Los Angeles Times" (LA Times) reported that Fuhu is a manufacturer of flat Nabi in children, with well-known Apple supplier Foxconn iPhone contract (Foxconn) news of the dispute, earlier this month, according to United States "the insolvency law" provisions of the 11th chapter, declared bankruptcy.



Fuhu fails after the news of immediately caught the attention of investors. Report says world famous toy like Barbie Doll Maker Mattel to acquire, the initial offer of 9.5 million dollars.

But the Australian golf star Norman, nicknamed the great white shark (Greg Norman), who is the founder of hedge fund sharks opportunity Fund (Great White Shark Opportunity Fund LP) announced funding to $ 10 million.

Norman into the bidding, is bound to set off a competitive bidding showdown, Barbie is wrestling with the great white shark is the winner, January 20, 2016, the auction will be seen.

Reports that Fuhu technology is the leading brand of manufacturing child offset, founded in 2008, has been to sell 4 million units Nabi employs 115 people in 2013, revenue of nearly $ 200 million.

United States business magazine "company" (Inc.) evaluation of Fuhu is 2014, one of the fastest-growing private companies.
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