The recently announced Round 2 Lionel acquisition could reshape the model train industry, potentially changing the toy train hobby.

For over 125 years, the name Lionel has been synonymous with toy trains. The storied American manufacturer, founded in New York City, has changed hands more than a few times over the years. As Round 2 ...

The 126-year-old Lionel toy train company has been acquired by private equity-owned collectibles company Round 2, to form the ...

A Lionel toy train around the Christmas tree continues to be a fixture of holiday tradition in some families. The iconic American company is about to roll into its 125th anniversary. When you think of ...

ROCHESTER, N.Y. – The National Toy Hall of Fame is paying homage to the electric age. The Easy-Bake Oven and Lionel model trains joined Mr. Potato Head, the Frisbee and 32 other classic but watt-free ...

When you think of Christmas, you might picture a model train looping around a Christmas tree, and there's a good chance the train is made by Lionel. The company is celebrating its 125th anniversary.