Racing Champions (RACN) Message Board

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Non-Tech : Racing Champions (RACN)

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To: freeus who wrote (82)	7/3/1999 6:01:00 PM
From: Todd D. Wiener	Read Replies (1) of 100

Maybe HAS will buy RACN for $12 per share in cash. That would be about $330 million, including debt, or about one times sales. HAS filed a $350 million debt offering on July 1. It's possible that it could be a response to RACN's fallout. After all, if HAS is to compete with MAT's Hot Wheels and Matchbox cars, it needs RACN. Todd

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