Consolidation in Baseball Cards

SportsBiz - The Business of Sports Illuminated (10)

1 year ago

Topps, the iconic baseball card company may soon be no more. It had agreed to be purchased by a group led by former Disney CEO Michael Eisner for $385 million, but today announced it had received a takeover bid from rival card maker Upper Deck in the amount of $424 million. It had received permission from the Eisner group to discuss the bid with Upper Deck and it now looks lke that will be the deal that gets done, assuming it passes muster with the antitrust regulators.

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