Fanatics is the new King of Cards

If they purchase Panini they can start printing NBA and NFL products almost immediately.

I'm sure the numbers people will do the sums on this but does Fanatics spend 10's or 100's millions now to buy Panini America now and take over the license 2-3 years early or wait until their license kicks in and save that money and invest in something else?

Depends on how much revenue it brings in and if there is specific Panini IP that they value?
 
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