RE:RE:RE:RE:The Stars Group Agrees to Acquire BetEasy Minority Interest; May be only half of performance payment is paid because, Star buying minority stack early. May be full performance payment was for a longer period and Star wants to fully own The company before merger.
solarman2013 wrote: Everyone agrees it was a solid move to buy out the balance, yet may also be part of the conditions of the merger. Interesting that they only paid out half the performance amount, this would indicate that the expected performance for full payment was only 50% achieved. Was the performance expectation too high, or did they simply not perform as well as they should have?
As Flutter reports full year income results in early March, we will see same from Stars this year. Flutter knows that its not just what you must legally do that counts in the IR world, its when you things better than others that has an impact. I'm looking forward to the new IR reality...finally after 8 years, we will have the IR team we deserve..