Lionel, LLC. maker of iconic model train sets for more than 125 years, has been acquired by the private equity owners of collectibles company Round 2. Round 2 and Lionel have been joined to create the ...

As kids for generations have done, Landon Tennant looks longingly at a streamlined Lionel Santa Fe engine as it chugs around a tiny display with houses, mountains and bridges at TrainLand, a hobby ...

As my colleagues Joann Muller, Zack O’Malley Greenburg and Christopher Helman reported earlier this year, the United States is heading towards its second railroad boom here at the beginning of the ...

Add Yahoo as a preferred source to see more of our stories on Google. Two-year-old Matteo Volpi’s eyes sparkled as he looked at a Lionel Train setup at the Hilton Hotel on Saturday. As Thomas the Tank ...

CANFIELD, Ohio -- Lionel is one of the best-known model train makers in the world. It has fans (and customers) just about everywhere, and its products can sell for hundreds of dollars. In the last 113 ...