Quote:
Originally Posted by legion
The only people that make out in those mergers are often the executives of the buying company. Customers, employees, and shareholders all get screwed.
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This is not true. It is usually the executives of the SELLING company who are the only ones who "make out" (Cashed out equity, accelerated vesting of options and restricted shares, severance pay a.k.a. "Golden Parachutes"). Shareholders also make out. They wouldn't approve the acquisition if the price wasn't acceptable.
...Customers, employees, and vendors?...All SCREWED!
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Craig T
Volvo V60 - Daily Driver (I love it!)
997 Turbo - FVD Exhaust, GIAC Tune - 542 dyno hp on 93 oct
1972 Chevy K-10 Pick-Up Truck Hugger Orange
