Merger Mania and the Takeover Targets
Wanna argument is a section looking at the the arguments for and against a particular issue.
Wanna Argument?
Merger Mania and the Takeover Targets
Move with the times
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Move overseas
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| | How's the new job going? |
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| | Oh, don't start me off on that one! All was cooshtie for the first couple of weeks, then we heard the company's being taken over. | |
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| | What? How does that work then? They going to keep you on? |
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| | Not sure. It's all up in the air at the mo. They reckon we're OK, but the new owners are a bit sharp, you know? Word is, they're looking to cut costs, which could spell trouble for Yours Truly. | |
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| | 'Specially since you're new, I s'pose. |
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| | Yeah, and with my record on taking sickies, it might not be looking good. | |
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| | Well, I'm sure your reputation is well known! Who's taking the firm over, then? |
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| | Dunno who they are, but they're one of the big boys in the market - American, I think. | |
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| | Hmm, you could find yourself surplus to requirements fairly pronto - theydon't mess around with spare labour when they buy up smaller firms. 'Course, it's a bit different when one of their own firms gets taken over. |
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| | How d'you mean? | |
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| | Well, you know, that hassle over the takeover of their ports by that firm from the Middle East. |
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| | Oh what! You've been watching those Business programmes on the telly, haven't you! | |
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| I don't know, how come this is all the rage these days: foreign firms taking over companies all over the place? | |
| | It's your actual globalisation, isn't it? | |
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| Sounds like they've really got the hump about it, though. | |
| | Yeah, something they don't like about firms in the Middle East taking control of American ports, can't imagine why! | |
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| Still don't understand why it's all going on. Seems like you get a successful company immediately becoming the bait for a big fish to swallow up. | |
| | Yeah, well, if you kept up with the news you'd know it's happening all the time. I bet you think most firms you know are owned by the British. You don't know the half of it, mate! | |
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| Probably right. Anyway, I'm too busy working all hours trying to impress the new owners at my place. No time for the news. I can barely stay awake for the footie these days. | |
| | Poor you! | |
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| They've got some funny ideas these Continentals. Imagine having the Council on the board of our companies! | |
| | Recipe for disaster? | |
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| You read my mind! | |
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| | Yourself excluded, I suppose you mean! And don't forget you're a European as well. Anyway, as it happens I think you're right: a lot of British firms have been sold to foreign companies lately. |
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| | | Sounds like these Europeans are running scared - we don't get so queasy about takeovers here, do we? | | | | |
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| | Then nothing much'll change, I reckon. You've got to move with the times. After all, what does it really matter if foreigners own our companies? |
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| | | There'll be nothing left soon! Then what? | | | | |
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| | There you go. Bung a Union Jack on the company stationery and we'll all forget it's a foreign business. |
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| | Yeah, suppose so. Don't reckon there's much we could do about it anyway. | |
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| As I thought! It's OK for the Spanish and French to fight off unwanted attention from foreign firms. Bet the Brits wouldn't get away with it! | |
| | Not sure if anyone's going to get away with it soon. | |
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| How d'you mean? | |
| | Think I heard that the EU's going to get involved. | |
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| | That's blown it then! | |
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| If there's no benefit in doing it, how come it's all the rage then? | |
| | I think there are other reasons for takeovers happening. | |
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| Such as? | |
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| Might have guessed - they're all in it to feather their own nests. Bunch of parasites, living off nice tidy companies like my place, just to suck all the best things out of them. | |
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'Nice' and 'tidy' aren't two words that spring to mind when I think of your work. I remember the state your office was in when you used to do security at that car park! | |
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| Well, they banned us from using the bins due to the terrorist threat. I had to throw my sweet wrappers somewhere! | |
| | Knee-deep in confetti that place was after one of your shifts. | |
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| Yeah well, I've got to keep it clean at this new place, otherwise they'll have me out of there! | |
| | Yes, and imagine, you'd have to find another security job down the industrial estate. Don't worry though, there's plenty about - no one but you will accept £5 an hour, so you're sorted! | |
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| | Cruel, but true! | |
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Submitted by ahargrave on Mon, 27/03/2006 - 12:00