It might be better for companies not to have such press about their mergers or at least I don't see how it is any advantage for the short term blip media covera

It might be better for companies not to have such press about their mergers or at least I don't see how it is any advantage for the short term blip media coverage of these kind of events provide. And if you are a value investor, having less noise around the price of a share due to short term media coverage of big events might be an advantage as well.