Playtika: The Cure Was Worse Than The Disease (NASDAQ:PLTK)
· seekingalpha.com
Playtika's acquisition of SuperPlay solved its growth problem but created a massive earnout liability, forcing dividend suspension. Read more on PLTK stock here.
There is an old Persian proverb that says, "He came to fix her eyebrow but blinded her eye." This is basically the situation in Playtika Holding Corp. ( PLTK )....