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Topps deal crosses home plate

After months of back and forth negotiations, Michael Eisner's Tornante Company and Madison Dearborn Partners have finally dotted the i's and crossed the t's on their acquisition of The Topps Company.
October 15, 2007

After months of back and forth negotiations, Michael Eisner’s Tornante Company and Madison Dearborn Partners have finally dotted the i’s and crossed the t’s on their acquisition of The Topps Company.

Under the terms agreement, Topps stockholders will receive US$9.75 in cash for each share of common stock held, that should up to approximately US$385 million payable to stockholders.

Founded in 1938, Topps is a leading creator and marketer of sports and related trading cards, entertainment products, and distinctive confectionery.

About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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