Michael Eisner, the former Walt Disney Co. chief, won support from investor Mario Gabelli for a proposed $384.5 million buyout of baseball-card maker Topps Co.
Gabelli and his Gamco Investors Inc., with a 7.1 percent stake in the New York-based producer of Bazooka bubble gum, said they backed the bid in a U.S. regulatory filing today. Topps shareholders will vote on the $9.75-a-share offer from Eisner's Tornante Co. and Madison Dearborn Partners LLC on Wednesday.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
5th iPhone app
Clayton Ward, a 10th-grader from West Jordan,has created five apps for the Apple operating systems.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
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