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Topps Goes Public, With Valuation A Cool $1.3B

"Topps, known for its trading cards and Bazooka gum, is going public by merging with a blank-check firm in a deal that values the company at $1.3 billion," per The New York Times. Chairman Michael Eisner -- you may remember him as chief executive of Disney -- "will roll his entire stake into the new company and stay on." All signs are promising, with a shift to digital for users to trade collectibles and play games, and the creation of trend-oriented Topps Now, "which sold nearly 100,000 cards featuring Senator Bernie Sanders at the presidential inauguration in his mittens."

Read the whole story at The New York Times »

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