Reports have it both ways, like so much of this story. Tom C wrote: > I could be mistaken, but I thought it was Pentax that originally approached > Hoya regarding a merger. > > Tom C. > > > >> From: "P. J. Alling" <[EMAIL PROTECTED]> >> Reply-To: Pentax-Discuss Mail List <[email protected]> >> To: Pentax-Discuss Mail List <[email protected]> >> Subject: Re: Don't want to sound too alarmist but... >> Date: Tue, 22 May 2007 13:53:24 -0400 >> >> It's seldom that the results of such a merger are better than building >> the business you already have. Most such mergers result in >> disappointment. (That doesn't stop them from happening however). A >> classic example was Sperry and Burroughs merging in 1986 to take >> advantage of their "Synergy", the final market share resulting from the >> merger was less that either one had before the merger. Most seem to work >> out that way. The spectacular successes, (which they are few and far >> between), are what keep M&A groups going, but don't ask them about their >> success ratio. >> >> Tom C wrote: >> >>>> From: "P. J. Alling" <[EMAIL PROTECTED]> >>>> >>>> Remember the plan to continue to make cameras was assumed by Pentax. >>>> Hoya's plans were unknown but hinted at by their CFO, which seems to >>>> have precipitated the unpleasantness. By the way if Hoya is so strong >>>> and Pentax's prospects are so bleek, why didn't Hoya just say, then >>>> >> have >> >>>> it your way, and walk away? >>>> >>>> >>>> >>> Because they are interested in increasing the sales and profits of their >>> medical division. >>> >>> Tom C. >>> >>> >>> >>> >>> >> -- >> All dogs have four legs; my cat has four legs. Therefore, my cat is a dog. >> >> >> -- >> PDML Pentax-Discuss Mail List >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> > > > >
-- All dogs have four legs; my cat has four legs. Therefore, my cat is a dog. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
