Ray,
Well said. The key thing here is that there hasn't been a takeover.
U2 wasn't a company, there were a division. Transfers like this have a
different character - especially in terms of the number of steps they
need to take before they are complete. Assume that there are still
thinks to stamp and sign and the lack of details becomes clearer. Legal
issues bind their mouths - for now.
- Chuck
Ray Jones wrote:
I worked on 80 acquisitions/migration projects and I cannot remember one
instance of a "Takeover Announcement" not being released on Day 1 by the
acquiring company - both via Website, Press and Letters dropped in the
outgoing mail for next day delivery to our customers. These deals don't
happen ovenight, both Rocket & IBM would have had time to prepare something
and if Rocket don't make some sort of positive statement pronto, then by
implication they're making a negative one.
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