Friday, June 15, 2007

Topps says Madison Dearborn bid beats Upper Deck

(Reuters) - Upper Deck has offered $424 million for Topps while the
Madison Dearborn group has agreed to $385 million.




Topps said Upper Deck offered no evidence how it will
finance the deal. The trading card company also said the Upper
Deck deal had higher regulatory risk and an inadequate break-up
fee in the event the deal fails to close.


Read more at Reuters.com Bonds News

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