Rumors about the bancrupcy of Mattel?

In the last weeks there were rumors about a predicted bancrupcy of Mattel within one year. It was predicted by a guy named Isaac Larian. I had to google the name because I never heard of him. He has a toy company of his own and made Mattel obviously an offer for a fusion.

This is what I found about the topic online https://www.cnbc.com/2019/06/13/mga-ceo-isaac-larian-says-mattel-will-be-bankrupt-within-a-year-or-so-after-takeover-bid-is-rejected.html

Is the rumor true? Only time will tell… let’s keep our eyes open.