Today’s the day for mergers
In today’s merger news, Adobe bought Macromedia for $3.4 billion in stock, probably to consolidate products with its biggest competitor. Then, in matter close to my own heart, Gamestop bought EB Games for $1.44 billion!
| This entry was posted on Monday, April 18th, 2005 at 3:29 pm and is tagged with merger news, gamestop, mergers, competitor, adobe, heart, stock, games. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback. |
2 Responses to “Today’s the day for mergers”
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Just did some impact analysis of the merger here:
http://labnol.blogspot.com/2005/04/most-shocking-news-after-tsunami.html
Nice analysis Amit–your immediate forecasts are quite acute. Long term, I think it’s hard to tell what a merger this big and messy will produce.