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View Diary: Corporate Life In The Rearview Mirror: Mergers & Hackquisitions (57 comments)

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  •  I hear ya! (8+ / 0-)

    I've done due diligence from the environmental perspective for clients looking to acquire or merge with firms that might have significant liabilities (contaminated properties, compliance issues, failing infrastructure).

    In one case, a client wanted full photocopies of all the documents involved with a site, which amounted to several bookshelves' worth of reports plus correspondence, permits, etc. The costs to copy this stuff were in the $ thousands. I asked her how she wanted it shipped - overnight? regular delivery?

    No hurry, she said. The stuff's just going to sit in a warehouse. Nobody's going to read it.

    A lot of M&A activity seems to be much ado about nothing, and then it's off to the next one.

    Those who do not understand history are condemned to repeat it... in summer school.

    by cassandracarolina on Wed May 15, 2013 at 09:31:02 AM PDT

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    •  Its pretty depressing (6+ / 0-)

      my friend to read what you see in today corporate world and the mergers, take overs and how regular working folks are caught in the middle.

      One thing I did note where you sound upbeat is in the last sentence of your diary:

      In my next life, I'm hanging out with the sharks.
      I don`t know who I will hang out with, but I continue to steadfast believe in what you say here. For you though, I would recommend that you hang out with Mermaids instead.

      Its nice to read your work again Cassandracarolina.

      Old men tell same old stories

      by Ole Texan on Wed May 15, 2013 at 10:17:39 AM PDT

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      •  Thanks, Ole Texan (3+ / 0-)
        Recommended by:
        Youffraita, Vatexia, radarlady

        I'm always distressed when people refer to those in the corporate world as "sharks" or say it's a "dog-eat-dog" world. Animals aren't really that ruthless. It takes greedy humans for that ;-)

        Those who do not understand history are condemned to repeat it... in summer school.

        by cassandracarolina on Wed May 15, 2013 at 10:26:35 AM PDT

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