How much did Michael Eisner buy Topps for?
How much did Michael Eisner buy Topps for?
$385 million
Eisner, who was CEO of Disney from 1984 until his exit in 2005, acquired Topps with Madison Dearborn in 2007 for $385 million through Tornante. Topps was founded in 1938.
Does Michael Eisner Own Topps?
CEO Michael Eisner is selling Topps, the trading card and collectibles company that he bought in 2007 through his Tornante Company. Topps is selling its trading card business to Fanatics, the sports merchandise and memorabilia giant, in a deal valued at $500 million, The Hollywood Reporter has confirmed.
Who bought Topps baseball card company?
Fanatics
Fanatics, a global sports platform and digital retailer, announced Tuesday that it has completed its purchase of Topps’ sports and entertainment division, which includes all parts of its trading cards and collectibles business.
Who owns Topps card company?
The e-commerce company Fanatics acquired Topps on Tuesday, and the deal is worth “roughly” $500 million, CNBC reported.
Did Topps go out of business?
On Tuesday, Topps announced that it had sold its sports card business to Fanatics, a multibillion-dollar, 10-year-old company whose licensing business was built on sports fandom, technology and networking.
How much did Fanatics pay for Topps?
$500 million
It looks like Fanatics Inc. got a bargain with its acquisition of the trading card business of the Topps Co. Jacksonville-based Fanatics announced the deal Jan. 4 without disclosing the price, but The Wall Street Journal and other financial news outlets reported the sports merchandise company paid $500 million.
Who is the CEO of Topps baseball cards?
Michael Brandstaedter
In the 2010s, Topps was the only baseball card manufacturer with a license with Major League Baseball….Topps.
| Type | Private |
|---|---|
| Key people | Michael Eisner (Chairman) Michael Brandstaedter (CEO) |
| Products | Trading cards, chewing gum, candy |
| Brands | Allen & Ginter Bowman |
| Revenue | $91.6 Million (Fiscal 2006) |
Who is the CEO of Topps?
Michael Brandstaedter (Oct 17, 2016–)Topps / CEO
What happened to Topps?
Is Fanatics buying Topps?
Global sports retailer, merchandiser and now sports card and memorabilia giant Fanatics has acquired Topps trading cards, the company announced Tuesday. The deal includes Topps’ collectables arm, both physical and digital.
Who founded Topps?
Joseph Shorin
Ira ShorinAbram ShorinPhilip Shorin
Topps/Founders
Why did Fanatics buy Topps?
The press release noted: “The addition of Topps, which also has rights with Major League Soccer, Formula 1, UEFA and Bundesliga, significantly accelerates the buildout of the Fanatics Trading Cards business, as the company adds world-class expertise, infrastructure, an iconic brand and a broad range of capabilities …
https://www.youtube.com/watch?v=RiyLfzWxjSI