Sports Collectibles

Topps-UD Negotiations Ongoing

By Jason Fleming
for HOOPSWORLD.com
Aug 10, 2007, 15:20

“In the past couple weeks Upper Deck’s bid to acquire rival Topps and become a dominating presence in the trading card market seems to have picked up steam.

Upper Deck, a privately owned company, has bid to buy all shares of Topps, a public company, at $10.75 a share. In Friday trading the shares were going for about $10.15 a share. Topps earlier had a buy-out bid from a group led by Michael Eisner’s Tornante Co. – yes, the former Disney Eisner – at $9.75 a share.”

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