Reasons:
1) Returns shareholder value for companies to be sold at a premium
2) Expands product selection when a company is sold.
3) Prices usually decline for products because the good can be produced at a lower amount passing the savings along to the consumer.
Objections:
1) American companies lose their American identity
2) American jobs are lost to foreign competition
3) Branding is forever tarnished because of foreign ownership
Monday, March 29, 2010
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