Japan's Tomy Co plans to buy U.S. toymaker RC2 Corp for about 50 billion yen ($604 million) as it aims to expand its global sales and offset falling domestic demand, the Nikkei business daily said. Shares of RC2, which has a marketcap of nearly $480 million, soared nearly 26 percent to $27.59 to touch their highest in more than three years. Tomy will make an announcement as soon as Friday and is likely to mount a tender offer for the U.S. toymaker, Nikkei added.
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