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.