ORIGINAL: sledge_78
I umderstand ACE Hobbiywas purchased by Hobbico. Perhaps Ace Hobby was up for sale.
Once again, Hobbico did NOT purchase Ace. Thunder Tiger, who owns Ace, decided to close down Ace and made an agreement with Hobbico to distribute Thunder Tiger and Ace products in North and South America. Hobbico does not own Ace, or Thunder Tiger. This is just like when Futaba closed down their service and distribution center in Irvine, CA and signed Hobbico on to do their distribution and service.