Monday, June 15, 2015

Mergers

There are two kinds of mergers/acquisitions:

1. Cost saving by cutting down duplicated functions such as payroll, not to re-invent the wheel.. and all kinds of synergies. Some small drug companies need to be acquired as they do not have resources to market or continue development new drugs.

2. Loser looking for another loser to cover up the errors of its management.

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