Topps is pleading with shareholders to stay the course ahead of Friday’s critical vote that could mean a total makeover for the sports card giant. Or not. Sports Collectors Daily has the latest developments as Friday’s big meeting looms.
The Associated Press has an excerpt from the letter that reads in part: "we are convinced that attempting a ‘quick fix’ sale of the company at this time will lead to a poor result — inadequate offers, a harmful waste of time and a disrupted Topps organization — when a focus on operations is needed most." In other words, "get outta here kid, you bother me!"
The battle between current Topps’ executives and a group attempting to wrest control of the decades-old company continues. Showdown at the OK Corral set for this Friday.
We can’t help but conjure up images of the movie Trading Places. In an earlier PR missle launch, Topps is painting the group that wants to seize control of the company as a modern-day collection of Billy Rays who don’t know the business end of a baseball card.
The new kids on the block think the Topps braintrust is a dumber version of Mortimer and Randolph Duke and they’ve won over a proxy advisory firm that makes recommendations to company stockholders. THEIR press release says they couldn’t be more excited with that piece of news.
We’re not voting either way but we have to say putting Barry Bonds at the forefront of the 2006 issue won’t go down as the brightest move in the history of baseball cards.
Can we get Jamie Lee Curtis a role here somewhere?
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