Earlier this year, the Topps Co., the leading producer of baseball cards (and trading cards in a lot of sports) accepted a takeover offer from a group led by former Walt Disney CEO Michael Eisner. But now, Upper Deck, Topps main rival in the trading card industry, has made a higher offer. Eisner's group is offering $9.75 a share and Upper Deck will offer $10.75. All of this is from an article in Crain's New York Business.
Upper Deck's offer may not pass antitrust scrutiny. There is no truth to the story that Topps prints its stock certificates on brittle, pink paper that has very sharp edges.
With news of another, possibly more lucrative, takeover offer, it is not too surprising that Topps stock price is up today. Right now, you can trade on share of Topps for about the price of a 1955 Tom Hurd card.