Michael Eisner Taking Topps Public In $1.3B SPAC Deal
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. Eisner's Tornante company bought Topps in 2007 with Madison Dearborn Partners for $385 million. The deal announced Tuesday values Topps at $1.3 billion. Eisner, who said in a s...
Source: hollywoodreporter.com