GREY:FASDF - Post by User
Comment by
PrivateEquity1on Dec 29, 2015 5:53pm
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Post# 24417956
RE:Take over
RE:Take overThat is probably a long shot right now. What does buying FAS at .05 do to most shareholders...nothing.
Plus #3 through #10 make up 5% of the market. Add to that the fact that most FAS players also already play on FanDuel and DraftKings means you are not actually adding much to your client base.
The previous aquisitions have been much larger sites than FAS is today and even then I don't think they were prudent moves to buy out such small competitors when they netted very few additional clients.