4 ms·
Unless executive golden parachutes get trimmed does it really make a difference? The execs that doused the company in gasoline, struck the match and then walked
by jbigelow76 10y ago
Unless executive golden parachutes get trimmed does it really make a difference? The execs that doused the company in gasoline, struck the match and then walked away won't be around to try and operate on $3.75B instead of the original $4 billion after the acquisition is complete.
This is just Verizon exploiting some leverage to get a better price, it's not actual punishment of incompetent leadership.
- Arnt 10y agoPecunia non olet. If buyers were to talk the price down due to security sloppiness routinely, then it doesn't really matter why they do it: Shareholders looking for an eventual exit would have to factor their company's security practice into the their sale prospects whatever the reason.
- gozur88 10y agoYep, this is what I expect. The pressure will be on prospective buyers to insist in a rigorous security audit and preparation for that audit will get worked into standard business plans. I work for a huge telecom, and we take sucurity pretty seriously. Sometimes it seems like we've been doing nothing but security upgrades in the last seven or eight years.