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  #1  
Old 01-20-2021, 07:48 AM
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In a stunning development, the merger agreement has been amended to increase the price from $75 per share to $92. Keep in mind CLCT traded as low as $15 or so earlier this year. What scandal?
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Last edited by Peter_Spaeth; 01-20-2021 at 07:49 AM.
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  #2  
Old 01-20-2021, 09:28 AM
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Quote:
Originally Posted by Peter_Spaeth View Post
In a stunning development, the merger agreement has been amended to increase the price from $75 per share to $92. Keep in mind CLCT traded as low as $15 or so earlier this year. What scandal?
They got a lot of push back on the $75 price. People were not happy.
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  #3  
Old 01-20-2021, 10:27 AM
Vintageismygame Vintageismygame is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
In a stunning development, the merger agreement has been amended to increase the price from $75 per share to $92. Keep in mind CLCT traded as low as $15 or so earlier this year. What scandal?
That price jump from $75 to $92 just netted me another $46,000.00. Thanks Nat!
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  #4  
Old 01-20-2021, 11:13 AM
Johnny630 Johnny630 is offline
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It’s all about the Benjamin’s.....
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  #5  
Old 02-22-2021, 04:25 PM
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CU's sale has apparently been finalized.

Interesting to note that one of the investors in CU/PSA, is The Chernin Group, who also just bought Goldin Auctions. So now, they're going to be involved in running both the card grader, and the card seller/auctioneer. Conflict of Interest?????

Steve


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  #6  
Old 02-22-2021, 04:35 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Quote:
Originally Posted by Steve D View Post
CU's sale has apparently been finalized.

Interesting to note that one of the investors in CU/PSA, is The Chernin Group, who also just bought Goldin Auctions. So now, they're going to be involved in running both the card grader, and the card seller/auctioneer. Conflict of Interest?????

Steve


https://www.sportscollectorsdaily.co...R9JM4oU_e_5ao8
Since they're going private it would certainly make it even easier to do a pal a favor. Reminds me of the song from Cabaret "I Am My Own Best Friend"
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Last edited by Aquarian Sports Cards; 02-22-2021 at 05:51 PM.
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  #7  
Old 02-22-2021, 05:02 PM
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The conflicts of interest implied in that article are staggering.
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  #8  
Old 02-22-2021, 05:12 PM
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Let's hope for positive change! That's quite a lineup of investors!
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  #9  
Old 02-22-2021, 05:57 PM
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Let's hope for positive change! That's quite a lineup of investors!
I liked them better when they were small, they answered the phone, and if you sent in a bad card Mike Baker would call you up and explain to you what you had missed.
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  #10  
Old 02-22-2021, 06:12 PM
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It was only a matter of time before a seller and a grader merged. This hobby has turned into a mine field.
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Last edited by conor912; 02-22-2021 at 06:12 PM.
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  #11  
Old 02-22-2021, 07:07 PM
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How is this going to impact my pliers and screwdriver(sometimes butter knife)?
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  #12  
Old 02-22-2021, 07:15 PM
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Amen!
Busted one out today

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How is this going to impact my pliers and screwdriver(sometimes butter knife)?
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  #13  
Old 02-22-2021, 08:11 PM
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As someone who no longer was PSA customer. I will definitely give them another try once his new plan for it is in place. I agree that this is a good thing.
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