On February 16 , 2006 , Lionel announced it had purchased K - Line .
Over the next few months , K - Line 's operations slowed and there were numerous layoffs and rumors of potential purchasers , which were highly publicized among hobbyists .
On February 16 , 2006 , Lionel announced K - Line had purchased K - Line .
Over the next few months , K - Line 's operations slowed and there were numerous layoffs and rumors of potential purchasers , which were highly publicized among hobbyists .