Reuters – Hedge fund Pembridge Capital Management LLC said on Wednesday it has notified Bazooka bubble gum maker Topps Co. Inc. that it has replaced Eric Newman as one of its nominees forelection to the Topps board of directors with Arnaud Ajdler.
Pembridge, the New York-based fund that holds about 1 percent of Topps stock, on April 26 disclosed a second proxy battle against Topps.
