Superhero Times: a service of Action Online
Corgi has issued a press release stating they have "entered into a letter of intent to acquire the outstanding shares of Cards Inc. Limited and an agreement to merge with Master Replicas Inc. in a stock-for-stock merger transaction. The closings of the acquisitions are expected to occur in the fourth quarter of 2006, after receipt of shareholder approval and satisfaction of other closing conditions.
The company will retain the Corgi name.