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Tuesday, Jul 23, 2024
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Upper Deck Scrambles for Topps

Upper Deck Co., a Carlsbad-based sports trading card company, is trying to get its hands on one of the most collectible brands in its market: New York-based Topps Co. Inc.

Topps reported May 24 that it had received an unsolicited bid from Upper Deck for $10.75 per share. That amounts to $416 million.

This comes after a partnership involving former Disney chief Michael Eisner made a cash offer of $9.75 per share for Topps in early March. Eisner’s Tornate Co. LLC and Madison Dearborn Partners LLC are making that bid.

, Brad Graves

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