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Baseball Card Maker Topps Approves $385 Mil Eisner Takeover

First Posted: 3/28/08 Updated: 5/25/11

Former Disney boss Michael Eisner yesterday won his months long battle to take control of iconic baseball card maker Topps after a majority of shareholders approved the $385 million takeover.

Eisner's Tornante Co. and private-equity firm Madison Dearborn Partners stuck to their $9.75 per share price for Topps through months of pressure from two big shareholders and a competing offer from rival Upper Deck.

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Filed by Michelle Kung  |