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Stock Market & Financial Investment News

News Breaks
April 11, 2011
07:04 EDTRCRCRC2 Corporation announces end of "go-shop" period
RC2 announced the expiration at 5:00 p.m., New York City time, on April 9, of the "go-shop" period during which RC2 was permitted to solicit acquisition proposals from alternative purchasers. No party submitted an acquisition proposal during the "go-shop" period, and therefore the "go-shop" period expired at 5:00 p.m., New York City time, on April 9, 2011, without any extension. RC2 has no further opportunities to extend the length of the "go-shop" period. Tomy's tender offer is scheduled to expire at 12:00 midnight, New York City time, at the end of April 20, unless the tender offer is extended or earlier terminated. RC2's Board of Directors continues to recommend that stockholders tender their shares into the tender offer.
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