Penn Abu Shakespeare Colman

[Finaddict]

That is a big nut to swallow ... interesting that their shareholders went for two acquisitions in a row ... Pure was about $400 million and now this ... hope they do okay, as that's a lot of capital to make up ...

[BigBo]

I'm a bit curious as to how this works. Maybe someone with more knowledge in this area can shed some light on it. Typically, when very large corporations buy out other very large corporations, there are "crossover" products. That's to say, products that are essentially the same. From what I've seen, the FTC usually forces them to eliminate such crossover products in order to prevent them from owning too much of the market and allowing fair competition.
Again, maybe I'm wrong and someone with more knowledge can set this straight. But if something like that were to happen, we all loose with the loss of selection IMO. Wasn't that somewhat the basis of Microsofts' lawsuit that was brought against them?
Anybody?

[Jay Dog]

I'm sure there are crossover and dupllicate products between the different brands but the FTC won't give a rat's *ss about it because it is in a consumer niche market so we can expect to see "consolidation" and elimination of brands.