
Disney Princess toys and Frozen characters are coming back to Mattel
CNN
It's a magical world again for Mattel. The toy company won back the rights to make dolls based on Disney's princess characters, including Frozen's Elsa and Anna, Jasmine from "Aladdin" along with Snow White, Cinderella, Ariel, Moana and other Disney heroines.
Mattel rival Hasbro took over the Disney Princess and Frozen license in 2016 after Mattel had been making the toys for twenty years.
Shares of Mattel (MAT) soared more than 8% Wednesday following the announcement of the Disney (DIS) deal. Hasbro's (HAS) stock was down 2%.

More than two decades ago, on January 24, 2004, I landed in Baghdad as a legal adviser, assigned an office in what was then known as the Green Zone. It was raining and cold, and my duffle bag was thrown into a puddle off the C-130 aircraft that had just done a corkscrew dive to reach the runway without risk of ground fire. Young American soldiers greeted me as we piled into a vehicle, sped out of the airport complex and then along a road called the “Highway of Death” due to car bombs and snipers.












