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Why business mergers seem like empire building projects

May 22, 2008
Are companies too eager to do big mergers?
Techdirt
Timothy Lee offers his thoughts on companies and their acquisition strategies.

“In a lot of cases merger proposals seem to be driven by empire building and excessive optimism on the part of the acquiring CEO. CEOs tend to have high opinions of themselves and their managerial skills, and they like the idea of running a larger, more prominent company. And with deals of this size, it’s almost always possible to tell a plausible story of how things will turn out well.”

What’s your opinion?

Online ad take bigger than that of radio, cable and broadcast television
Valleywag
Jackson West looks at the amount of revenue grossed for online, cable and radio ad initiatives.

“Online advertising grossed $21.2 billion in 2007, beating cable ($20.9 billion), radio ($19.8 billion) and broadcast television ($19.2 billion), according to a report commissioned by the Interactive Advertising Bureau. Of that, 41 per cent went to search advertising – which means, for the most part, Google.”

What’s your opinion?

Fuji to increase the cost of photo supplies
Wired
Charlie Sorrel describes Fujifilm’s upcoming price hikes on its print supplies and other photograph accessories.

“Fujifilm is set to jack up the prices of its photography related consumables. Print supplies, probably the only product any of us still care about, will be going up 20%, and film and photographic papers will see a price hike of 10%, both from July 1st. Given the choice of blaming the increase on either of the two modern evils, terrorism and oil prices, Fuji opted for the crude.”

What’s your opinion?

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