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Topps Warns Shareholders
Do not let Upper Deck get the upper hand
Topps told shareholders Monday to turn down an offer from rival trading card company Upper Deck. But with Upper Deck offering a notable premium over a competing bid, investors might still sell.
Topps (nasdaq: TOPP - news - people ) said that a tender offer from Upper Deck is not in the best interest of the company's shareholders. Its board of directors unanimously recommends that they reject the offer.
Topps (nasdaq: TOPP - news - people ) said that a tender offer from Upper Deck is not in the best interest of the company's shareholders. Its board of directors unanimously recommends that they reject the offer.
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