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Walt Disney Company (DIS) - Topps In The Same Financial Position As Disney Was In 1984, Eisner Says

He appeared with Mudrick Capital CIO Jason Mudrick.  There is a lot of flexibility, Eisner said. It seemed like the right thing to do at this time. Mudrick said Topps did over $500 million in revenue last year and is projected to grow over 20% this year.  Eisner said the company s sports and entertainment business is booming.  The carboard cards appeal to kids, while the digital cards appeal to teens and young adults, he said.   The company is in exactly the same financial position that Disney was in 1984 when I went there. If we do a tenth as well as Disney, I will be very happy.  

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 statement that he will not sell any of his shares in Topps after the deal is complete, will stay on as chairman of the public company. Michael Brandstaedter will remain CEO.

COVID Pushed People, Banks and Hedge Funds to Florida — Now They re Coming Back

COVID Pushed People, Banks and Hedge Funds to Florida — Now They re Coming Back
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Winner and Loser of the Week in Florida politics — Week of 3 14 21

Winner and Loser of the Week in Florida politics — Week of 3 14 21
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Hedge Funds Are Having Second Thoughts About Moving To Florida

Hedge Funds Are Having Second Thoughts About Moving To Florida
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