3 ms·
And just because mergers often destroy value for investors it doesn't mean they don't destroy value for consuemrs and society. They often do both. They allow
by curiouscats 11y ago
And just because mergers often destroy value for investors it doesn't mean they don't destroy value for consuemrs and society. They often do both. They allow subverting of the markets and cost customers and society AND management messes up that excess profit oportunity so badly investors loss too.