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

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

Business Wire

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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,

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