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punk153

09/07/10 8:53 AM

#187584 RE: fgrimes #187581

Well, remember that a conglomerate consists of the 'Holding Company' and its 'Subsidiaries'.

There are going to be individuals that run each subsidiary and there are going to be individuals who run the holding company. The fact that some of the management of each subsidiary is being removed (like the Betros') doesn't nessesarily mean that there was a falling out between them and Dean. It could also mean that they are only going to oversee the holding company's operations and new management will take over the positions that they left.

I think it is much more plausible that Lisa Bitros, and others, will become upper-management officials for the holding company and won't be able to deal with the day-to-day operations of each subsidiary that she, and others, were previously involved with.

Remember that QASP is forming a conglomerat here. The fact that management is changing leads me to believe that funding and acquisition closings are very close. Management is aligning itself so that it is ready to be efficient from the get-go and so it has the proper individuals in place to make the conglomerate a well oiled machine.

IMO