Quote:
Originally Posted by Wid_Conroy
this is certainly true.
one thing that SGC might bring to the table is capacity. they are the only grader who solved the bottleneck problem and invested in their own capacity. PSA might be a little worried about losing some business for making people wait a year for cards. If they acquire SGC they can probably cut their backlog in half. SGC has definitely mastered the grading process.
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I admittedly haven't done a sophisticated analysis, but neither is this AT&T thinking about buying Sprint, or even PSA as public company needing shareholder approval, it's one very wealthy guy and his partners. If they can take out probably their best competitor for relatively little money by their standards, and acquire badly needed graders in the process, why not do it?