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I'm not happy with any mergers of any companies. I wonder why CEO's think merging is better. Is it better for the CEO's only?
The merger of these two companies is absolutely a good thing. It has taken two failing companies and created one company that may survive. Think about this, what is better, two companies that fail and everyones looses their jobs or a merger that allows at least some of them to keep a job. They would not have merged if they were not in trouble, otherwise it would just have been a hostile takeover, where a more powerful company comes in and fires everybody and closes up shop.
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