Wednesday, February 09, 2005
You're So Vain
The other Carly gets fired from HPQ today. Major shocker - did the board read Carol Loomis's excellent of Carly's big bet? I think it's a remarkable sign that we are seeing a shareholder-value based critique of mergers, and even more importantly, boards taking appropriate action. Those who worked in Murders & Executions (that's what Patrick Bateman - American Psycho - calls M&A) know that the majority of mergers destroy shareholder value.
