I think everyone is looking at this from a collectors perspective but not at a business perspective. Lets not forget that PSA/Collectors is a business and the bottom line is what they care most about.
I am assuming they looked at SGC's books and determined they could buy at a good cost ratio. I think PSA sees this as farther solidifying the market dominance they have. SGC has always been the company with cheaper fees and fast turn aronund times. By buying SGC PSA can insulate there prices with less competition. I think we were headed to a $15 or less grading by the end of the year from most places as companies try to race to the cheapest services, now that goes away and we do not see anything under $15 other than specials.
Keeping the two businesses separate can also be a smart move. The infrastructure that is built at SGC would take time to switch over to PSA. This includes the submission process, post grading process and the pop report. To try to change the submission process form SGC to PSA would take time to shut down SGC in order to change, and that simply is not worth it currently.
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