I seem to recall Thunder Tiger paid $15-20 million for Associated.
BTW Figures are from a couple of years ago, the worlds biggest r/c companies are:
1) Tamiya total annual sales $97m
2) Kyosho total annual sales $70m
3) Futaba/OS total annual sales $57m
4) Thunder Tiger total annual sales $44m
So if you want to buy Tamiya you'd better start with a $100million opening bid.
And Xray is a small company in the overall scheme of r/c - most of their products are aimed at the competition market which is tiny compared to bashers.
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