Well the word is out. Dow Chemical and DuPont are set to merge as equals. But then the plan is to split into three companies. But what will this new company of three companies from two companies be called? I've got a suggestion. how about Du-Dow. It's short, it's catchy, it's descriptive, it's all you could ask for.
'Chemical company five miles long......Du Dow, Du Dow
one for three and three for all................Oh de Du Dow day
Gonna glow all day, gonna glow all night. Bet my money on two
headquarters. Somebody bet on de profits.
Now I'm sure this makes perfect sense to the CEOs of both companies and it looks like the Boards of Directors of these two companies are in agreement. As for the stockholders, well, lets say they're sitting there waiting for the money to start flowing.
I think mergers are a good thing if it means the company can survive when it might not without the merger, or if it means better products and service for the paying customer, but I don't like the idea of merging simply because they can eliminate jobs and or services. Just because it'll make more money for stockholders while putting folks out of work and customers holding the bag because it kills competition, isn't my idea of a good idea.
Ya see, if they're in competition, then you just eliminated some of the competition and made the new company tougher on the rest of the competition. Now if they're not competitors, then what are their combined interests? Of course this being a free country, they can pretty much do as they please. Especially if they're big enough and rich enough to afford good smart lobbyists.
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