The Deal
Sunday, November 22, 
5:58 pm

Fighting and making up

  Share     E-Mail    Discussion    Print Story

In a story exclusive to The Deal this morning, Pembridge Capital Management has declared itself ready to wage another shareholder revolt against New York trading card and candy manufacturer Topps Co.

After the hedge fund abandoned plans last year to gain board representation, it is prepared to put the pressure on Topps to find a buyer.

And coming up in The Daily Deal PDF midday edition and on TheDeal.com: the latest from the Enron Trial as Ken Lay blames bad press for the company’s failure; Australia’s Babcock & Brown will pay $2.23 billion for NorthWestern Corp. and likely end the spat between the company’s board and shareholders over the South Dakota utility’s future; and Iselin, N.J.-based catalyst maker Engelhard Corp. will remain independent and fend off a $4.9 billion hostile bid by BASF AG.— Carolyn Murphy

Hedge fund pops Topps

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.