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URL:  http://boards.fool.com/mattel-buy-out-10462633.aspx

Subject:  Mattel buy out Date:  12/14/1998  9:40 AM
Author:  TMFSpirit Number:  468 of 476

ZDNet reported toymaker Mattel said Monday it will acquire The Learning Company Co.in a stock-swap valued at $3.8 billion.The acquisition of The Learning Company gives Mattel such software titles as Reader Rabbit, Carmen Sandiego, Riven and Myst. Mattel has been transitioning itself from a toymaker into more interactive items.

In a statement Mattel said it will now have $1 billion interactive software business with The Learning Company's $850 million in estimated 1998 sales in the fold.

For the full story go to: http://www.zdii.com/industry_list.asp?mode=news&doc_id=ZE200969&pic=Y

TMF Spirit
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