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0 0.000375544539582266 0.000375544539582266 -0.00255370286916031 -0.0101397025687246 -0.0153973261228783 -0.00886285113414456 -0.000300435631666069
Stock impact report

Tornante Company and Madison Dearborn Partners Sell TDS Gift Cards to Ziff Davis

Ziff Davis, Inc. (ZD) 
Company Research Source: Business Wire
Transaction Caps Successful Partnership between Michael Eisner’s Tornante Company and Madison Dearborn Partners Marked by Growth and Innovation in Collectibles, Candy and Gift Cards LOS ANGELES & CHICAGO--(BUSINESS WIRE)--Michael D. Eisner’s Tornante Company and Madison Dearborn Partners (“MDP”) today announced that they have sold TDS Gift Cards to Ziff Davis (Nasdaq: ZD) in an all-cash transaction. The sale marks the last piece of the former Topps companies portfolio, which was owned by Tornante Company and funds affiliated with MDP, to be sold, and ends a partnership that began in 2007.The portfolio also included the iconic Topps trading cards and collectibles business, which was sold to Fanatics in December 2021, and Bazooka Candy Brands, maker of beloved products such as Ring Pop, Push Pop, Baby Bottle Pop and Bazooka Bubble Gum, which was sold to funds advised by Apax Partners this past October.“After previously selling Topps and Bazooka Candy Brands, this is the culmination o Show less Read more
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