Help with Lionel Ownership History

Frank, there is a pretty good chronology on WIKI.

when I did a search of Guggenheim's web site using "lionel" the results were "no results were found".

http://guggenheimpartners.com/...+&searchmode=anyword

do they not list what they own?


wellspring still shows lionel, bottom of page.

http://www.wellspringcapital.com/divestitures.html

Most folks trying to follow Lionel ownership end up co-mingling public corporations & owners with licensees, manufacturers, & importers/marketers.

Lionel and it's trademarks were not owned by the folks who were making the trains from 1969 to ~1994. The Lionel Corporation was a publicly held company from 1937 until the corporation went bankrupt in June of 1993. It was a closely held corporation from 1909 to 1937.

It does not exist anymore.

Kughn acquired the train & toy line intellectuals finally when Lionel folded, and was able to sell the whole package to Wellspring shortly thereafter.

Many thanks jayjay, techie and bdrt for your responces.

After I posted, I got called away for several hours, thus the reason for my non-participation the last several hours. However, I appreciate the information each of has given, and it covers the info I was needing.

Please indulge this one last question...there is/was a musician name Neal someone..does/did he also have an ownership involvement with Lionel?

Again, thanks for the participation and the indulgemce of this last question.

Kindest regards,
Frank

Also thanks to JC642, Pat Shediack, KOOLjock1 and ADCXRob for adding to the information basket!

Best regards,
Frank

guess you missed these posts.

http://ogaugerr.infopop.cc/eve...7660482/m/3092930027


http://ogaugerr.infopop.cc/eve...322943027#8322943027

Neil Young has been involved, according to him, in a partial ownership position of Lionel Trains since the Wellspring days and gives a synopsis HERE.

Let's not forget there was a time when Lionel was a public traded company.
Joe

look who Guggenheim Partners just purchased.

 

http://www.latimes.com/sports/...0329,0,5012740.story

 

"The bulk of the funding to buy the Dodgers came from Guggenheim Partners, a Chicago-based financial services firm."

 

above inpart.

Yes, Neil Young holds a minority ownership interest in Lionel.

 

I won't go into the full timeline of the company's history because that would probably take most of the morning to document fully and accurately.  Others here have pretty well hit the high points.

Neil Young's involvement pre dates Wellsprings.  He and Kughn were the principals of LionTech, a separate unit that developed TMCC and RailSounds.  

I always heard Bums travel in groups

David

quote:

someone missed my point.  the same company that owns lionel now owns the dodgers.

 

That thread is still intact.   This is a different thread