"Bazooka Bubblegum Maker Sold for Record-breaking $700 Million"

Bazooka Candy Brands, known for its popular bubble gum and candies, has been sold for $700 million to private equity firm Apax Partners. The company was previously owned by Michael Eisner's private investment firm and private equity group Madison Dearborn Partners. Bazooka Candy Brands, which includes lollipop brands like Ring Pop and Push Pop, was originally part of The Topps Company Inc. before being acquired in 2007.