Thursday, May 17, 2007

Tiger Acquisition Cost ($335 mil on sales of $400 mil ?)

Tiger, a closely held concern based in Vernon Hills, Ill., was one of
three companies to capitalize on the virtual-pets toy craze started by the
Tamagotchi toys of Japan's Bandai Ltd. Tiger posted sales of approximately
$400 million last year. The merger is expected to be completed in the
second quarter of this year, thus Tiger is expected to contribute at least
$200 million to Hasbro's revenue in 1998, said John O'Neill, Hasbro's chief
financial officer.

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