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<blockquote data-quote="aia_2" data-source="post: 8694322" data-attributes="member: 6800399">Your thoughts are sound and crisp... They are based of logical and rational deduction therefore none of them are arguable, you are completely right.What is missing in this picture is a particular feature that usually makes any rational deduction not applicable. The time-horizon of the people called for such operations is short, very short... This brings to decisions that should be opposite to the ones you wrote: it is a total paradox but the maxing of results in the short terms leads to irrational choices. I lived this situation in my company and saw that behaviors in other external mergers... It will hardly be like you wrote due to this contraint: the managers (who usually have 2-year contracts), the advisors (who have even shorter terms, usually tied to the formal merger - a matter of months not even years), the consulting company (similar case of the advisors) will never look after to things done in the good way for the long run: all of these ppl are appraised on the value created in the very short term... This is a really sad picture i lived on my skin...</blockquote>

[QUOTE="aia_2, post: 8694322, member: 6800399"] Your thoughts are sound and crisp... They are based of logical and rational deduction therefore none of them are arguable, you are completely right. What is missing in this picture is a particular feature that usually makes any rational deduction not applicable. The time-horizon of the people called for such operations is short, very short... This brings to decisions that should be opposite to the ones you wrote: it is a total paradox but the maxing of results in the short terms leads to irrational choices. I lived this situation in my company and saw that behaviors in other external mergers... It will hardly be like you wrote due to this contraint: the managers (who usually have 2-year contracts), the advisors (who have even shorter terms, usually tied to the formal merger - a matter of months not even years), the consulting company (similar case of the advisors) will never look after to things done in the good way for the long run: all of these ppl are appraised on the value created in the very short term... This is a really sad picture i lived on my skin... [/QUOTE]

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