Topps to become public company under special purpose acquisition
Madison Dearborn Partners to sell majority of its ownership position.
The Topps Company, Inc., parent company of Bazooka Candy Brands, and Mudrick Capital Acquisition Corporation II (MUDS), a publicly-traded special purpose acquisition company, has announced a definitive agreement for a business combination that will result in Topps becoming a public company.
Upon closing of the transaction, which is expected in late second or early third quarter, the combined company will be named Topps and remain listed on NASDAQ under the new ticker symbol “TOPP.”