Inside these posts: Chinese toys

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Japanese toymaker preparing bid for RC2

Tomy Co.  plans to buy major U.S. toymaker RC2 Corp. for an estimated 50 billion yen ($604 million) to offset dwindling domestic demand, Japanese newspaper The Nikkei reported early Friday.

Tomy, which will make an announcement as soon as Friday, is likely to mount a tender offer for RC2. If successful, it will be one of the largest overseas acquisitions by a Japanese toymaker. Get the full story »