I remember when Burroughs and Sperry merged to form Unisys. It was advertised as “the power of two.”
Alan Abelson of Barron’s commented that it was like tying together two walking wounded, with the likely result that it would create “one big, bloated corpse.”
He was right, then.
Not sure if that’s going to be the case here, but its worth remembering past mergers for perspective.
Say, doesn’t Xerox want to take over HP?
Other than Tires [Michelin], Skis [a number of vendors/brands], Wine and Women, I’m not sure where French excellence exists.