Behind the scenes
Some recent pieces on what goes behind the scenes of a deal.
- Oracle-Siebel - And you thought shareholders mattered ?
- Labor negotiations and deals - an interesing article. While I am no supporter of all that gets done under the name of organized labor, I do feel that workers in the retail sector get a raw deal, especially in contrast to what top-management walks away with. At least in the tech/biotech sectors, where the gap is still very wide, even the workers at the lowest rung get to see something for their efforts.
- The Dolan family's offer to take CableVision private has been dropped. It is still a mystery to me as to what caused it. While interest rates have gone up, Cablevision should not have had problems borrowing to fund the buyout. The price drop following this news has taken Cablevision into bargain territory again.
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