May 13, 1999 - Mattel, Inc. completed its merger with The Learning Company (TLC) and TLC is now a division of Mattel. Under the agreement, each share of The Learning Company common stock will be exchanged for 1.2 shares of Mattel.
December 14, 1998 - The Learning Company announced today that it has entered into a definitive agreement with Mattel, Inc. for the merger of the two companies. Based on the closing price of Mattel common stock on Friday, December 11, 1998, the transaction would be valued at approximately $3.8 billion. August 31, 1998 - The Learning Company today announced the completion of its previously announced merger with Broderbund Software, Inc. The transaction was approved today by the stockholders of The Learning Company and Broderbund at each company's respective special meeting of stockholders. As a result of the merger, Broderbund has become a wholly-owned subsidiary of The Learning Company. |
