Avalon Hill
Monarch sold Avalon Hill to Hasbro on August 4, 1998 for $6 million. Coinciding with the purchase, Hasbro laid off AH's entire staff. Hasbro, seeking popular board games that could be converted to computer versions, purchased the rights to the Avalon Hill trademarks, copyrights, inventory, tooling and divisions, Avalon Hill Software and Victory Games, and placed them under its video game subsidiary, Hasbro Interactive. Avalon Hill Games, Inc. was incorporated by Hasbro on .