Japanese toymaker Tomy agrees to acquire U.S. rival RC2 (RCRC) for $27.90/share in an all-cash...

|About: RC2 Corporation (RCRC)|By:, SA News Editor

Japanese toymaker Tomy agrees to acquire U.S. rival RC2 (RCRC) for $27.90/share in an all-cash deal valued at about $640M. Tomy makes Transformers and Pokemon toys; RC2 makes Thomas the Tank Engine products. RCRC +10.9% premarket. (PR)