tonyw
Well-Known Member
I think I'll just look into my crystal ball and predict with confidence that nothing good will come from this.
You're probably right.
Seriously, name the last merger that worked well. Remember how they were talking about how great the AOL-Time Warner merger was going to be? How'd that work out?
And Citi, the biggest basket case of all the banks, is the result of dozens of mergers. How's that working?
Anytime you see the word "synergies" in a press release, you know the M&A guys are making a boatload of money, and the companies that are merging are going right in the toilet.