CLCT going private

[Peter_Spaeth]

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?

[sportscardpete]

Originally Posted by Peter_Spaeth

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.

[Vintageismygame]

Originally Posted by Peter_Spaeth

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!

[Johnny630]

It’s all about the Benjamin’s.....

[Steve D]

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

[Aquarian Sports Cards]

Originally Posted by Steve D

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"

[MattyC]

The conflicts of interest implied in that article are staggering.

[hcv123]

Let's hope for positive change! That's quite a lineup of investors!

[Peter_Spaeth]

Originally Posted by hcv123

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.

[conor912]

It was only a matter of time before a seller and a grader merged. This hobby has turned into a mine field.

[Tao_Moko]

How is this going to impact my pliers and screwdriver(sometimes butter knife)?

[campyfan39]

Amen!
Busted one out today

Originally Posted by Tao_Moko

How is this going to impact my pliers and screwdriver(sometimes butter knife)?

[Rookiemonster]

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.