Originally Posted by
rabcat
An interesting discussion on what will happen to the PGW Share Price.
The amalgamation of Wrightsons Pyne Gould and Reid Farmers was ment to improve efficience but I dont think it ever eventuated.
I read somewhere, cannot remember where, that 75% of amalgamations etc result in a loss for the shareholders. By amalgamation I mean that shares are issued, little cash changes hands. They then have the problem of getting the various companies working together. A good example of this problem was Time and AoL. You get bigger and bigger until eventually you Burst.
If this is true, Burst, what will happen to PGGWrightson plus of course our next little amalgamation of Canty Savings Bank and Pyne Gould?
Comments please. Plus examples of successful amalgamations.