View Single Post
  #9  
Old 03-07-2007, 04:28 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Topps being purchase by Former Disney CEO

Posted By: Jim Dale

The company was in good shape for a take over; for one they had (don't know what they have now) almost $100 million in cash laying around doing nothing. It added a great deal to their worth - they were buying back some stock but that was about it.

The new baseball license deal helps them out; puts them on an even road with upper deck; but the hockey exclusive to upper deck hurt them badly. However big hockey really is to them I don't know. The thing is the card part of the industry is really small; its a confectionary business that is really big. Eisner might make hey with that; might start seeing cards at disney only stores .... yikes

Reply With Quote