Fantasy Aces Daily Fantasy Sports Corp FASDF

RE:"Shareholders pretty low on the totem pole"

[lscfa]

FAS just did a financing so it fully intended to keep operating the business...it must have got a very attractive offer to be enticed to sell the business....

caldernet wrote: "...purchase certain assets..." reads the news release.

I worked for a company once that sold all its assets to some holding company, but none of its liabilities....my stock options disappeared, a number of lawsuits were filed and the landlord (and others) got screwed.

...and then I lost about $1000 on Allen Vanguard when it went private "with no consideration paid to shareholders" (or whatever the phrase they used was. https://www.theglobeandmail.com/report-on-business/allen-vanguard-regrets-deal-means-shareholders-get-nothing/article4288230/

Good luck folks...nothing to do but wait at this point.