Tiger was bought by Hasbro (HAS). The following is from 10-Q filed by HAS on Aug. 12, 1998:
>>(3) On April 1, 1998, the Company acquired substantially all of the
business and operating assets of Tiger Electronics, Inc. and certain
affiliates (Tiger) for an initial payment of $335,000, subject to post-
closing adjustment, plus the closing date value of inventory, tooling,
equipment and prepaid assets. The estimated total cost of this acquisition
approximates $395,000 and is being accounted for using the purchase
accounting method. Based on current estimates of fair market value,
approximately $42,000 has been allocated to net tangible assets, $213,000
to product rights and $140,000 to goodwill.<<
Andrew |
