Tomy Buys RC2 – what will this mean for Tomica and Johnny Lightning collectors?
Tomy, makers of Tomica-brand diecast cars and playsets, announced last week that they will buy RC2 Corp., maker of Johnny Lightning-brand die-cast cars, outright, in a deal valued at $640 million. Tomy is increasing its foreign penetration, in part because toys are no longer a growth area in its home market of Japan, and in […]