Page 134 - Topps News Today

Michelle Chapman FILE - In this March 6, 2007 file photo, Topps baseball cards are seen in Boston. Sports trading card company Topps is combining with a special purposes acquisition company in a deal valued at $1.3 billion and seeking a public listing. Topps Co. said Tuesday, April 6, 2021, that it will join with Mudrick Capital Acquisition Corp., which will make a $250 million investment. (AP Photo/Chitose Suzuki, file) April 06, 2021 - 9:14 AM In addition to its tr...

Michael Eisner One of the drivers of the deal was the rise of NFTs and blockchain technology, which have become a growing business in the entertainment and collectibles industry. Former Disney chief Michael Eisner has found his next deal. Eisner will take the trading card and collectibles company Topps public through a deal with the Special Purpose Acquisition Company (SPAC) Mudrick Capital Acquisition Corporation II. Eisners Tornante company bought Topps in 2007 with Madison Dearborn Partners...

The SPAC Deal: Topps, an 80-year-old trading card company, announced Tuesday a merger with Mudrick Capital Acquisition Corporation II (NASDAQ:MUDS). Michael Eisner serves as the Chairman of Topps and will stay in his current role and maintain his ownership stake in the new company. Eisner is the former CEO of the Walt Disney Co (NYSE:DIS). Current shareholders of Mudrick Capital Acquisition Corporation II will own 28% of the company after the merger. Shares will trade as TOPP on the Nasdaq. ...

Why do we care? We care because Topps and its products are popular with the same set of folks who are very excited about creating rare digital items on particular blockchains. Yes, the baseball card company is going public in a debut that could easily be read as a way to put money into the NFT craze without actually having to buy cryptocurrencies and go speculating itself. And Topps apparently owns a number of assets in the candy space, which I find whimsical. So let’s have a small giggle as ...

Topps, which is best known for its baseball cards and Bazooka candy line, has agreed to go public through a merger with a special purpose acquisition company.

Hedge Fund and Insider Trading News: George Soros, Citadel LLC, Deerfield Management, Archegos Capital Management, Custom Truck One Source (CTOS), Five Below Inc (FIVE), and More Card collectors have been bidding up Topps cards to record heights over the past year. Now, Michael Eisner and hedge fund manager James Mudrick are planning to allow stock investors the same chance with Topps itself; the duo have inked a deal to bring the collectibles business public in a $1.3 billion SPAC deal. A blan...

Topps looks to go public in $1.3B deal with SPAC by Michelle Chapman, The Associated Press Posted Apr 6, 2021 9:36 am EDT Last Updated Apr 6, 2021 at 9:44 am EDT Sports trading card company Topps is combining with a special purposes acquisition company in a deal valued at $1.3 billion and seeking a public listing. Topps Co. said Tuesday that it will join with Mudrick Capital Acquisition Corp., which will make a $250 million investment. Other investors include GAMCO Investors and Wells Capital M...

April 1st, 2021 Frazer Harrison/Getty Images Non-fungible tokens are all about taking collectibles to the digital realm, and Funko is eager to seize on that while it can. The company has bought control of the NFT startup TokenWave with an aim to combine Funko Pop vinyl figures with digital tokens using the Wax platform. Funko plans to offer an NFT each week starting at $10, and will mate the "rarest" tokens with exclusive Funko Pop figures. We wouldnt expect prices to climb to the absurd levels...

Getty Trading card brand Topps apologized for and removed a satirical illustration of Korean boy band BTS following social media backlash. On Tuesday, Topps announced its Grammy-themed sticker collection called “The Shammy Awards,” which featured satirical illustrations poking fun at performers including Megan Thee Stallion, Billie Eilish and Taylor Swift. However, social media users criticized Topps for its portrayal of BTS. The caricature showed the K-pop ground with bruised faces in a g...

AKP STAFF With the recent COVID19 pandemic bringing hate crimes against Asians across the globe, there has been another controversy in which the globally popular Korean music act, BTS, was targeted as a subject of ridicule and mockery by an American company that manufactures collectibles. Topps has been known to produce collectible cards and stickers but has recently been under fire for their depiction of the global K-pop group BTS. BTS has set another record by being nominated at the 63rd Gr...