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|Date added:||April 11, 2007|
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Now, some critics may say bigger doesn't necessarily mean better, and I agree. But it doesn't follow that bigger can't be better especially in an industry that is maturing. This is a merger of like businesses coming together, a merger of consolidation, not diversification. Daimler-Benz and Chrysler are in the same businesses, they understand each other, and they speak the same language...
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Daimler-Benz and Chrysler are in the same businesses, they understand each other, and they speak the same language. This is a merger that creates market leadership. This is a merger that we can expect to be substantially accretive.
This industry is beginning to consolidate; and current technology industry dynamics are much more akin to the mature phases of other industries here mergers are not only workable, but a strategic imperative...
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