MediaWatch : 1858


MediaWatch / 1858	1857 \| 1859

Subject:	Re: LEGO® is near an agreement to sell its LEGOLAND theme parks
Newsgroups:	lugnet.mediawatch, lugnet.legoland
Date:	Wed, 1 Jun 2005 14:32:27 GMT
Viewed:	8823 times

In lugnet.mediawatch, Larry Pieniazek wrote: snip

Jake said the key word is “speculated”... to me, the key word is “head scratcher” (well that’s two words)!

I still don’t see why LEGO want to do this, the amount of money they get back seems a pittance and it loses significant brand equity control... IMHO anyway.

As long as we are in a speculative mood...why does TLG want to raise money. Are they contemplating opening a factory in China? Is $450M+ enough to do this?

Oh, I know...they need the cash to buy a slew of new molds for a new as well as classic door and window system!

-- Thomas Main thomasmain@myrealbox.com

Message has 2 Replies:

		Re: LEGO® is near an agreement to sell its LEGOLAND theme parks
(...) Ok, replying to my own post...here are some more reasons TLG might want to raise cash (all purely speculative, of course): They are going to attempt to buy MegaBloks KKK and family is seeking an early retirement Realizing Galidor failed (...) (19 years ago, 1-Jun-05, to lugnet.mediawatch, lugnet.legoland, FTX)

		Re: LEGO® is near an agreement to sell its LEGOLAND theme parks
(...) Last year 2004, LEGO had a net loss of about $335 million That might have something to do with it. Marc Nelson Jr. (URL) Marc's Creations>> (19 years ago, 1-Jun-05, to lugnet.mediawatch, lugnet.legoland, FTX)

Message is in Reply To:

		Re: LEGO® is near an agreement to sell its LEGOLAND theme parks
In lugnet.general, Abner Finley wrote: (snip) (...) Jake said the key word is "speculated"... to me, the key word is "head scratcher" (well that's two words)! I still don't see why LEGO want to do this, the amount of money they get back seems a (...) (19 years ago, 1-Jun-05, to lugnet.mediawatch, lugnet.legoland, FTX)

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