agree somewhat... maybe another acquisition maybe not but
you might be right.
IMO - the merger process has already begun...
first the exchange of shares... "I got you, you got me..."
at least a minimum of 10% or more of the companies stock. That way, they can truthfully say, there was an interest in each other and not for unscrupulous purposes.
Best if one company is a privately held company... just so happens HAWK is a private company. GLER is publicly held and trading.
GLER has debts true... But that will serve as a tax break for HAWK should they merger. That would be to their advantage as debt becomes a write off and assets are shared between the two major companies, as with revenues also.
Expect this to happen early next year, since the dust will settle next month on just the current deals.
Because HAWK is actively seeking out companies that are producing and profitable, this will only strengthen the two.
Regardless, HAWK is active and the deal is finalizing... this should get interesting.