Pride Destroyed Lucent Merger
from the how-much-is-it-worth-to-make-a-deal-look-good? dept
The rumors are flying about the collapse of the Lucent-Alcatel merger/acquisition. Basically, the feeling is that Lucent's chairman bailed out because he didn't want it to look like an acquisition, but a merger of equals. This is ridiculous. The fact is that almost any "merger" is really an acquisition in the end, and it seems that if everything else makes sense for a deal - perception over the merger/acquisition issue seems like a stupid sticking point. That said, there was plenty of other evidence flying around suggesting that no matter how they set up the deal it would be bad news for one or both companies. For those of you who have some philosophical problem with stories from the NY Times (you know who you are) here's a similar (though less focused) version of the story from News.com.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Stephen Kellett
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