June 3, 1997 (Renton, WA)ÄWizards of the Coast Inc. today announced the completion of its acquisition of TSR Inc. finalizing a transaction that began in April when the two leaders of the adventure gaming industry announced the signing of a letter of intent. Both companies are privately held and financial terms of the deal are not being disclosed. A product and employee integration plan is being developed and details will be announced at a later date.

Wizards of the Coast is the publisher of the best-selling trading card game, Magic: The Gathering ®. Lake Geneva-based TSR is the publisher of the world-renowed adventure game Dungeons and Dragons ®.

Peter Adkinson, president and CEO of Wizards of the Coast, commented "I am personally and professionally thrilled with the finalization of this agreement. The Dungeons and Dragons legacy has dominated the adventure roleplaying category for more than 22 years and we are thrilled to be the news providers to its enormous worldwide audience."

Founded in 1975, TSR rose to a market leadership position that endures today with the introduction of Dungeons and Dragons ™. The internationally famous games further generated a wide variety of best-selling adventure and roleplaying games and merchandise, including the New York Times best-selling book series, Dragonlance. The game Dungeon and Dragons ® was featured in an early scene of the 1982 Steven Spielberg hit movie, E.T.: the Extra-Terrestrial.

Wizards of the Coast is a privately held game company that publishes the best-selling trading card game, Magic: The Gathering. Headquartered outside of Seattle, Wash., Wizards of the Coast is the leading authority on card and adventure board games, with top-selling titles such as the Battletech TCG and RoboRally.

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