Topps President: Vote Against Upper Deck

Auto Date Friday, August 17th, 2007

toppslogo Topps company president Arthur Shorin has issued a letter to shareholders laying out the facts and asking them to vote for the Michael Eisner led Tornante Holdings acquisition for $9.75.

Upper Deck has also been trying to acquire Topps and has offered $10.75 per share but according to the letter: “…in spite of the Board’s best efforts, we have not reached a consensual transaction with Upper Deck to date and the Tornante – MDP transaction for $9.75 per share in cash is the only binding offer received.”

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