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Strategic vs financial buy?

#1
What’s the difference between buying a gambling company for strategic vs. purely financial reasons?
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#2
Strategic buys often mean the acquirer wants to expand their market share or add new games.
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#3
Financial investors want to fix, grow, and possibly resell the company at a higher valuation later.
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#4
My approach changes: a strategic buyer might focus more on synergy, while a financial investor might focus on quick ROI.
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