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Re: OhWell post# 1340

Thursday, 08/25/2011 6:39:42 PM

Thursday, August 25, 2011 6:39:42 PM

Post# of 12606
At this point in the month I really don't expect to hear from FSP about the merger. I suspect that there are other issues that FSP hasn't anticipated and are causing them grief with the merger. Before retirement I worked for Hughes/Boeing for 33 years and was involved in several business selloffs, acquistions and mergers. All have their own set of problems and issues. And then add in the government red tape and regulations you've got yourself a hand full of work. There were many times that we thought we were close to finalizing the deal when a new critical issue would appear and bite us in the butt. So it doesn't surprise me that an inexperienced management like FSP is having so many problems.
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