Former Disney boss Michael Eisner said last night he will not raise his $385 million offer for sports card icon Topps even if shareholders reject the deal today.

“We thoroughly analyzed the value of Topps prior to entering into our deal with the company in March,” Eisner’s Tornante Company and private equity firm Madison Dearborn Partners said in a statement. “We believed $9.75 per share was more than a full and fair price for the company then, and we continue to believe that to be the case now, especially considering the current economic environment.”

The statement deals a blow to some Topps shareholders who were holding out hope that Eisner would sweeten his offer.

New York-based Topps rescheduled its shareholder vote on the deal three times since it was announced, as dissident shareholders pushed for a higher price from Eisner or a $10.75 per share offer from rival card maker Upper Deck.