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Topps to be Acquired by Eisner and Others
Topps, the maker of trading cards and Bazooka Gum, has agreed to be acquired by Michael Eisner and others for $9.25 a share in cash in a transaction valued at $385.4 million. Eisner, the former CEO of Disney, founded the privately held Tornante Company in 2005 to make transactions such as this one.
Traffic at uTube.com Surges 440%
A silly story about how a 440% jump in traffic at uTube.com paralyzed that company's site. Apparently, millions of people confused uTube.com, a site operated by Universal Tube & Rollform Equipment Corporation, with YouTube.com, a site recently acquired by Google (GOOG) for $1.65 billion in stock.
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