Wednesday, March 22, 2017 12:03:14 PM
http://edition.cnn.com/2009/BUSINESS/05/21/merger.marriage/
Read the headline at least and the bullet points on the right. I am not a know it all but I have been wanting to post this for some time. I just get sidetracked. Regardless, I was around in the late nineties when mergers were the hot thing. 90% FAILED!!! Mergers are bogus. I do believe that Jon and his team do have the smarts to do something like that successfully but the odds are against them...BIG TIME.
So in my opinion, I didnt like it when I heard that mergers were a possibility and I LOVE it that they shelved the idea. I have lived through M&A fever. It SUCKED long term. It was great for a moment but then reality sets in and the cost and human element get out of hand and cause failure.
I hope this helps. If not...
Peace anyway!
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