Quote:
Originally Posted by Rhotchkiss
It happens all the time.
Many car manufacturers produce and sell competing brands. Car rental companies own competing brands. Heck, REA just bought Huggins. It makes no sense to buy a company only to shut it down. My gut is there are synergies/efficiencies they can realize operating both companies, reducing expenses and maximizing production and efficiency. It makes a ton of sense to acquire a competitor to run it as a separate division. It makes no sense to pay good money for a small, relatively non-competitor only to kill it/shut it down.
Peter, I respect your legal conclusions much more than your financial opinions!
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I don't find the comparison of a grading company to a car company, or restaurant chains, to be analogous. The grading companies in particular have very different approaches to business. Also think card grading is not a diverse enough industry that it would make sense to have 2 brands under 1 parent.