Related topics

Coleco Acquires Selchow & Righter

May 5, 1986

WEST HARTFORD, Conn. (AP) _ Coleco Industries Inc. could soon add Trivial Pursuit, Scrabble and Parcheesi games to a product line that already includes Cabbage Patch Kids dolls, if an acquisition announced Monday gains shareholder approval.

Coleco, based in West Hartford, said it has reached a definitive agreement to purchase Selchow & Righter Co. of Bay Shore, N.Y., which markets the popular board games, for $75 million in cash and notes.

Selchow & Righter was founded in 1867 and is privately held. Its shareholders were to meet later this quarter to vote on the deal. No date for the meeting was announced.

Update hourly