TO TRANSLATE BUSINESS-SPEAK...
A large part of this transformation is the uncovering of “synergies,” which is arguably the scariest word for an employee at a company.
“Synergy” usually means the closing and combining of stores, warehouses, and offices, REDUNDANCIES, which also often comes with job cuts.
I wonder if the government will be bringing an anti-monopoly suite against them?
And here are the guys who are getting rich off this merger:
Michael Klein, who runs Klein & Company, a small boutique advisory firm, is advising Dow Chemical on the deal.
The deal is expected to generate around $200 million in fees, according to Jeffrey Nassof of M&A consulting firm Freeman & Co. Lazard and Morgan Stanley are also advising Dow, while Evercore and Goldman Sachs are advising DuPont.
So, maybe someone here can answer this question:
Who and what is left as competition for this behemoth after the merger?
I guess anti-trust and monopolies are old fashioned ideas. These mega-mergers are horrible for this country.