I could be mistaken, but I thought it was Pentax that originally approached Hoya regarding a merger.
Tom C. >From: "P. J. Alling" <[EMAIL PROTECTED]> >Reply-To: Pentax-Discuss Mail List <pdml@pdml.net> >To: Pentax-Discuss Mail List <pdml@pdml.net> >Subject: Re: Don't want to sound too alarmist but... >Date: Tue, 22 May 2007 13:53:24 -0400 > >It's seldom that the results of such a merger are better than building >the business you already have. Most such mergers result in >disappointment. (That doesn't stop them from happening however). A >classic example was Sperry and Burroughs merging in 1986 to take >advantage of their "Synergy", the final market share resulting from the >merger was less that either one had before the merger. Most seem to work >out that way. The spectacular successes, (which they are few and far >between), are what keep M&A groups going, but don't ask them about their >success ratio. > >Tom C wrote: > >> From: "P. J. Alling" <[EMAIL PROTECTED]> > >> > >> Remember the plan to continue to make cameras was assumed by Pentax. > >> Hoya's plans were unknown but hinted at by their CFO, which seems to > >> have precipitated the unpleasantness. By the way if Hoya is so strong > >> and Pentax's prospects are so bleek, why didn't Hoya just say, then >have > >> it your way, and walk away? > >> > >> > > > > Because they are interested in increasing the sales and profits of their > > medical division. > > > > Tom C. > > > > > > > > > > >-- >All dogs have four legs; my cat has four legs. Therefore, my cat is a dog. > > >-- >PDML Pentax-Discuss Mail List >PDML@pdml.net >http://pdml.net/mailman/listinfo/pdml_pdml.net -- PDML Pentax-Discuss Mail List PDML@pdml.net http://pdml.net/mailman/listinfo/pdml_pdml.net
