Yeah I am not sure what this will look like but what an incestuous business this has become with complete acquisitions in competing entities, asset swapping, minority interests in complementary entities. Rubin, eBay or Turner should just pull out their checkbook and get everything under one roof.
From the sound of this release this did not sound like a sale, but as suggested above, more of a partnership and Turner pretty much confirms this.
“This will benefit The Hobby above all else, which is the primary goal of this innovative partnership between eBay and PSA,” said Collectors CEO Nat Turner. “We will drastically improve the collector experience by creating a seamless, end-to-end journey. No matter an individual collector’s goals, this partnership will make collecting safer, easier and more fun. We’re excited to combine the scale and trust across eBay's global marketplace with PSA's authentication and grading expertise.”
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