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You should look at the name of the company "DowDuPont". That means Dow is in the driver seat, they will pick. What it really means is Delaware and Michigan wi
by AstroJetson 11y ago
You should look at the name of the company "DowDuPont". That means Dow is in the driver seat, they will pick.
What it really means is Delaware and Michigan will now be in a bidding war for tax adjustments to keep the headquarters.
But my money is on Michigan.
- elbigbad 11y agoHuh? Because of the order of the names? Maybe they did it in alphabetical order. Or because it sounds better. When AOL and Time Warner merged, it was called AOL Time Warner, but Time Warner was clearly the driver as history shows, for example.
- akg_67 11y agoIIRC, all headlines at the time of AOL-TW merger were new media (AOL) taking over old media (TW). What happened after the merger was primarily driven by dot-com crash and internal politics at AOL-TW. Typically, in a combined name scenario at merger, the acquirer/bigger influencer's name is listed first. AOL Time Warner, Exxon Mobil, Chevron Texaco are some few joint names after mergers that come to my mind. If you look at Dow and DuPont actions in last decade or so, you will notice that DuPont investors have been pushing for divestures, for example Chemours, and not acquisitions while Dow has been on acquisition binge, for example, Union Carbide, Lyondell.
- kevin_thibedeau 11y agoAOL bought Time-Warner. It was only later that the inept AOL management was pushed out by the TW old guard.
- leroy_masochist 11y agoDisagree...I would say the only thing the new name "means" is that "DowDuPont" sounded better than "DuPontDow".